Searching For The Marginal Seller
Sentiment falls to two-year lows for gold miners as shown by $BPDGM When searching for opportunity, mispriced companies, and “value” (getting more than what you pay risk-adjusted as defined by... Read More
Don’t Neglect The Forgotten
Q2 hedge fund letters, conference, scoops etc A forgotten sector comes to life Miners decline relative to gold as investors give up on poor capital allocation by managers who paid high... Read More
Current Events
An indication of higher risk in small caps Q4 hedge fund letters, conference, scoops etc Read More
Discussion On Short Selling
An excellent video discussing short selling and the changing nature of managing money. Listen to the first 30 minutes. About the only edge left is to be a longer-term... Read More
To Find Moats Look For Monopolies And Consolidating Industries
Buffett’s greatest insight is that monopolies, duopolies, and oligopolies face little competition and little threat of new entrants. Companies that dominate their industries represent toll roads in your daily... Read More
Investing Is Hard. Big Mistakes And Moats
Big Mistakes: The Best Investors and Their Worst Investments by Michael Batnick A Stoic would agree with this quote from the above book: The most important thing successful investors have in... Read More
Bitcoin Billionaire?
http://csinvesting.org/2014/03/19/is-bitcoin-a-scam/ http://csinvesting.org/2018/04/26/bitcoin-the-worlds-largest-pump-and-dump-in-history-who-knew/ Q3 hedge fund letters, conference, scoops etc jaydeep_ / Pixabay The Bitcoin Flaw To understand the prospects for bitcoin and the other cryptocurrencies and tokens, it is necessary to grasp... Read More
Price Is Set At The Margin
Bitcoin is not money. Gold IS money because its marginal utility does NOT decline. Read an excellent short article: https://monetary-metals.com/the-ultimate-stablecoin-report-18-nov-2018/ TheDigitalArtist / Pixabay We have covered several times Warren Buffet’s pointed (and... Read More
Transcendental Meditation: Another Cult Or Blissful Nirvana? Greenwald Lectures
Because intelligence is absolutely no barrier to cult recruitment. This is because a person’s intelligence is totally bypassed during the process of cult recruitment. When reality testing is suspended... Read More
REAL News Not FAKE News; Podcasts
Excellent Podcasts on Investing http://www.boyarvaluegroup.com/world-according-boyar-podcast/ Q3 hedge fund letters, conference, scoops etc Buy-Backs This is when you want companies to buy back their stock: Industry hated, operations improving, multi-year lows. VANCOUVER , Oct. 29,... Read More
Hedge Fund Test: Are YOU Smarter Than A Chimp?
Test on your knowledge about the world Please put a check mark by the letter you choose or write it down next to the number of the question. Q3 hedge fund... Read More
Create Your Own Case Studies
Is blockchain the technology of the future? George Gilder, author of Life After Google, argues that bitcoin and blockchain technology is revolutionizing the Internet. He sits down with Peter... Read More
Excellent Article: The Psychology Of Money
Get The Full Warren Buffett Series in PDF Get the entire 10-part series on Warren Buffett in PDF. Save it to your desktop, read it on your tablet, or email... Read More
Fraud, Lies, Social Proof, And The Will To Believe: Theranos
So what do you think? Are you enthused, impressed, and a believer? Read Fortune She is out for blood Theranos First Read The New Yorker Blood Simpler Get The... Read More
Case Study On Managing A Company With John Thornton
View the Town Hall Meeting At Barrick Gold At our mid-year town hall, Barrick Executive Chairman John Thornton provided an update on the Company’s strategic framework and priorities. The discussion,... Read More
Free Course On America’s Great Depression
One way to become a better investor and informed citizen is to study history. an old pro gives advice: “Learn history!” Joe Rosenberg (JR), Investment Officer at Loews 2017 L_Letter-to-Shareholders shouts. Get... Read More
Value Investors Struggle – What Happened?
Get The Timeless Reading eBook in PDF Get the entire 10-part series on Timeless Reading in PDF. Save it to your desktop, read it on your tablet, or email to... Read More
Time; A Deep Value Investor’s Perspective
Karl Pillemer of Cornell University interviewed 1200 people age 70 to 100+ for his book, 30 Lessons for Living, asking them: Get The Timeless Reading eBook in PDF Get the entire... Read More
Metals Markets Go Up And Down
Get The Timeless Reading eBook in PDF Get the entire 10-part series on Timeless Reading in PDF. Save it to your desktop, read it on your tablet, or email to... Read More
100 To 1; Sales; Hedge Fund Pop Quiz
From Best to Worst. There are typically two ways to make 100 to 1 on your money. 1. The preferred way–in my view because the company has more... Read More
Valuation Tutorials
Introducing HOLT Economic Profit Q1 hedge fund letters, conference, scoops etc, Also read Lear Capital: Financial Products You Should Avoid? Executive Summary The usual approach to valuing a firm is to calculate... Read More
Condemned To Repeat The Mistakes Of The Past
Here We Go Again… Financial bubbles are not accidents but rather inevitable outcomes of our asset-backed banking system. To illustrate: imagine a homeowner who owns a $1 million house free... Read More
