Three Quotes From Seth Klarman On The Financial Crisis
I was just reading through Seth Klarman’s 2010 letter to his investors at The Baupost Group and I wanted to share with you three quotes that caught my attention enough to reflect upon: (1)Things that...
View ArticleWhy You Do Not Need A Professional Money Manager
A couple weeks ago, the Wall Street Journal published an article that explained why the gap between professional and amateur-ish players is narrowing: the proliferation of information about every...
View ArticleGeneral Electric’s Dividend Cut Possibility
If I come up with an intelligent investment idea, the ultimate value of the the idea hinges upon my ability to actually put up funds and make an investment in the business that I believe will deliver...
View ArticleThe Best Dividend Investing Tip
One of the statistics that I often think about, and have mentioned with some frequency on this site, is the fact that the average equity investor compounded his wealth at 3.49% annually from 1990...
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What Walt Disney Understood About Comparative Advantage
One of the interesting things to analyze from an aerial view is the difference between how strategies are taught in the classroom and how they are executed in reality by those with real world...
View ArticleKimberly-Clark Stock Is Finally Fairly Priced
There are about a dozen large-cap publicly traded businesses that I have wanted to cover in depth, but have perpetually declined to do so because I wanted to wait for an opportunity for the stock price...
View ArticleWhy You Do Not Want To Win On The Game Show “The Price Is Right”
Benjamin Graham’s famous question that all investors should ask themselves before making any purchase decision (On what terms, and at what price?) even applies to the game show “The Price Is Right” as...
View ArticleTwo Things You Could Have Done In 1989 To Become A Johnson & Johnson...
If you wanted to accumulate $1,000,000 worth of Johnson & Johnson stock over the past twenty-four years, there are two straightforward ways that you could have accomplished it: some variation of...
View ArticleThe Best Investors Spend Their Lives Asking Why, Why, Why
I just finished reading this thread on The Bogleheads Forum (a popular place where index investors hang out and philosophize about personal finance):...
View ArticleCoca-Cola Stock: Those Reinvested Dividends
Recently, people are starting to re-awaken to the fact that Coca-Cola is a business that earns 28.2% net profit margins, controls 3.5% of the entire world’s liquid supply, has the most vast...
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Beware Stock Dilution When Long-Term Investing
When you invest in a business, it can be overlooked that you need to draw a distinction between the per share results of a business and the results of the business itself. It is not enough to say that,...
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Investing In Starbucks Stock Instead of Buying Starbucks Coffee
You know what can be an incredible competitive advantage? Not engaging in a particular expenditure that your peers do. Given how cheap and incredibly easy it is to make your own coffee, I do not...
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When Uber Enters The S&P 500 Index
As companies like Apple and Alphabet went from companies too small for an index fund to its top components, such that 6% of all S&P 500 index investing dollars go into these two companies alone, it...
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Clorox Stock’s Wildly Low Cash Position
Given the amount of lay investors, pension funds, insurance/institutional funds, endowments, and charity-related funds that are invested into the stocks that we regard as the blue-chip members of the...
View ArticleGreat Businesses With Fallen Stock Prices
I recently profiled a few businesses that have fallen in value while their earnings power has remained intact. Please feel free to subscribe and join me on Patreon. Originally posted 2018-12-10...
View ArticleDavita Stock’s March to $100
Although it does not receive much coverage, healthcare company Davita has quietly become one of Berkshire Hathaway’s fifteen largest holdings. Davita is a $12 billion company, and Berkshire owns 19.2%...
View ArticleWhat Are Quality Dividend Stocks, And Why Should You Own Them?
If you are familiar with some of my writings, you have probably encountered my use of the phrase “high-quality dividend stock” to describe the kind of company worth buying and tucking away in your...
View ArticleFour Good Finance Articles To Read Today
Check out this article by Dividend Mantra: http://www.dividendmantra.com/2013/08/why-i-hold-100-of-my-equity-investments.html It’s titled “Why I Hold 100% Of My Investments In A Taxable Account.” This,...
View ArticleDelayed Gratification Investing: A Nestle Stock Spotlight
If I had to choose the lowest-risk investment that is available in the publicly traded markets, I would choose Nestle. When I say lowest risk, I do not mean that owning Nestle stock will experience the...
View ArticleThe Butterfly Effect And Dividend Investing
Bill McClellan is a long-time writer for the St. Louis Post-Dispatch. I’ve been reading his editorial work since I was twelve years old. He is a great storyteller with a knack for capturing the big...
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