What’s Missing From Howard Marks’ “Something Of Value”
Howard Marks is a legendary value investor whom I greatly admire. I have been a long-time reader of his memos, which I find to be insightful, and this one,... Read More
How To Invest Safely Amidst the Coronavirus Market Meltdown
When I wrote an article a few months ago about how to protect against colossal loss in a strange investment environment, little did I know that a major sell-off... Read More
5 Insights from Charlie Munger at the 2020 Daily Journal Annual Meeting
Five insights from Charlie Munger at the 2020 Daily Journal Annual Meeting. Q4 2019 hedge fund letters, conferences and more “The current stock market situation is not as crazy... Read More
Today’s Financial Bubbles: Avoiding Colossal Loss In A Strange Investment Climate
This is as precarious an investment environment as any that I have experienced during my two decades of investing. Prices of many securities and asset classes are optimistic, in some... Read More
How Long Will My Money Last?
Your money is unlikely to last you as long as most savings withdrawal calculators will tell you. That famous 4% withdrawal rule? Not so fast, especially not in the... Read More
5 Insights From The 2019 Berkshire Hathaway Annual Meeting
Warren Buffett and Charlie Munger provided many insights when they answered questions for nearly 6 hours on Saturday, May 4th, during the 2019 Berkshire Hathaway Annual Meeting. The following... Read More
Berkshire Hathaway 2018 Annual Letter: 6 Insights From Warren Buffett
Warren Buffett’s annual letters are known for his wisdom on investing and many other topics. In the 2018 letter that was published last weekend, the following six insights stood... Read More
How To Become An Investor
“Investing is not supposed to be easy. Anyone who finds it easy is stupid.” - Charlie Munger, Vice Chairman of Berkshire Hathaway Q4 hedge fund letters, conference, scoops etc rawpixel /... Read More
5 Insights From Charlie Munger’s 2019 Daily Journal Annual Meeting
Charlie Munger presided over Daily Journal’s annual meeting on February 14th, Valentine’s Day, perhaps to ensure that only the most dedicated adherents choose to attend. Charlie is known for... Read More
How To Invest For The Long-Term In A Turbulent Market
Long-term investing doesn’t happen by accident. You need to be prepared. There are three things that can allow you to use market volatility to your advantage: the right structure,... Read More
How To Choose An Investment Manager
Many of you don’t need an investment manager. Others are paying hefty fees for a service different than the one you think you are getting. Before giving up a... Read More
What You Can Learn From How Warren Buffett’s Investment Process Evolved
When I was at a group dinner with Warren Buffett 16 years ago, I asked him: what do you look for when you evaluate a stock? He answered: First... Read More
Circle Of Competence
Warren Buffett wrote in his 1996 letter to Berkshire Hathaway shareholders: “You don’t have to be an expert on every company, or even many. You only have to be... Read More
5 Exemplary CEO Annual Letters Worth Reading
What makes a great annual letter from the CEO to the shareholders? The typical, generic annual letter that I read adds little to the numbers and sometimes obfuscates more... Read More
