3 Business Lessons From Bernard Arnault
I have begun studying the life of Bernard Arnault, the richest man in France who is most well-known for being the CEO of the unweildily named luxury brand company LVMH Moet Hennessy Louis Vuitton SE....
View ArticleA Snapshot Into The Life of Sam Walton
Lately, I have been reading the biography of Wal-Mart founder Sam Walton, titled “Made in America.” I haven’t finished it, but I came across this quote from David Glass (an eventual CEO of Wal-Mart)...
View ArticleThe Best Thing About The Art Of Investing
If you are a marathon runner and you take a couple months off to check out which toppings at Fortel’s Pizza Den are the best while spending your evenings trying to determine which of Baskin Robbins’...
View ArticleWhen You Buy A Stock That Doesn’t Go Up
Back in 2003, Microsoft stock traded in the $20s. And guess what happened? It continued to do so every year for the next decade that followed. Between 2003 and 2013, there was at least one trading day...
View ArticleDividend Growth Investing In A Taxable Account
Here is a reader question I received from Ken B., and since my reply went over 1,000+ words, I figured I would turn it into a mailbag question since it covers generally applicable ground that could be...
View ArticleBP Oil: What A Stock Market Lesson
Part of the appeal of investing is that delayed gratification is often rewarded. This is because most large profitable businesses have retained earnings, and with those retained earnings, they are able...
View ArticleDon’t Worry About Being “The Perfect Investor”
One of my favorite sayings is “the perfect is the enemy of the good.” The point behind that statement is that, if you are way too focused on trying to perfect everything, you won’t be able to put...
View ArticleThe Upcoming Generational Transfer of Wealth
Eleven million households currently exist in the United States in which the estimated amount of wealth that will be transferred from parents to children will exceed $1 million. As has always been the...
View ArticleDividend Investing Provides Immediate Rewards For Delayed Gratification
If we take a “big picture” look at any of us are trying to accomplish when we invest, we are almost always trying to set aside some money today with the expectation that we will have even more money...
View ArticleClint Murchison Sr.’s Diversification Beyond Texas Oil
Between 1918 and 1948, approximately 12,500 various individuals and business entities purchased and/or leased property in Texas for the purpose of extracting oil and participating in the...
View ArticleBe Happy When Stock Prices Fall (Really)
Here is a quick overview of today’s movements in the stocks I “follow” on my Seeking Alpha homepage: As you can see, the price of every single company that I follow went down today. For some people...
View ArticleVisa Stock’s Investment Returns Through 2028
From a pure business dominance perspective, I can think of few businesses in the history of Western Civilization that have created a better combination of ubiquity and high growth than the e-payment...
View ArticleStop Market Timing and Start Dividend Investing
Often enough, you will hear from conventional financial planners that quickly entering and exiting certain stock market investments has the realistic possibility of being a futile endeavor, and...
View ArticleWhy Dairy Queen Franchises Lead To Riches
With the exception of McDonald’s, Dairy Queen franchisees have quietly amassed the most substantial wealth out of any food franchise that operates at more than 1,000 locations in the United States. It...
View ArticleA Lesson From The Grandfather of Warren Buffett
Take a minute and read this letter in its entirety. I promise you won’t regret it. It is a letter written from Ernest Buffett (Warren’s grandpa) to his son Fred (Warren’s uncle) in 1939: Dear Fred...
View ArticleU.S. Bancorp Stock’s Perpetual Stability
With the tenth anniversary of the financial crisis upon us, I have been thinking about the sneaky way in which the bank fortunes of shareholders can be wiped out in a single turn of the investment...
View ArticleWhy I Do Not Own Lorillard
Lorillard is probably the most attractively valued domestic tobacco company stock that investors could buy today. You’ve got a company that is buying back about 15 million shares of stock each year,...
View ArticleSecured Bonds Investing: A Warren Buffett Secret
William Wrigley, Jr., the founder of the eponymous gum company that bears his name, is one of the greatest students of efficiency and pragmatism that the business world has ever produced. Wrigley was a...
View ArticleInvesting In A Late Stage Bull Market
There is an old Wall Street adage that says a bull market moves in three stages–in the early stage, only a few perceptive individuals or entities are able to pick out glimmers of prosperity in the...
View ArticleThe Fun Thing About Planting Dividend Trees
If I had to make a short list of my favorite things about following a dividend growth investing strategy, one of the spots would be devoted to the fact that even if you hit a tight spot in your life...
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