Warren Buffett’s Weakest Link Quote
“One of the things you will find, which is interesting and people don’t think of it enough, with most businesses and with most individuals, life tends to snap you at your weakest link. So it isn’t the...
View ArticleWhen Professionals Fail In Their Personal Lives
To any remaining readers of this site— I apologize for my unexpected hiatus from the site—hopefully I’ll get some good updates up in the next week or so. My absence has been due to primarily two...
View ArticleThe Kelly Blazek Kerfuffle, Walt Disney, And Second Chances
Add this to the list of things I’ve been thinking about but haven’t reached a conclusion—whether the “fall” of Kelly Blazek is a good thing or a bad thing for our civilization. For those of you who...
View ArticleWalter Schloss: Learning From The Master
Walter Schloss is on the short list of the most interesting investors I’ve ever studied on Wall Street. He worked under Ben Graham himself, and struck out on his own once he saw the outsized attention...
View ArticleLuckin Coffee IPO: Here We Go Again
Benjamin Graham argued that a long-term investor will almost never participate in an initial public offering (IPO) because the animal spirits that are triggered by the IPO will almost never coincide...
View ArticleMy Dear, Albert Camus Could Flat Out Write
My dear, In the midst of hate, I found there was, within me, an invincible love. In the midst of tears, I found there was, within me, an invincible smile. In the midst of chaos, I found there was,...
View ArticleJohn Deere Stock: Should Farmers Buy It?
An interesting approach to individual stock selection involves looking at businesses that are indispensable to your career’s successful functioning. If you work in HR, you have probably relied upon the...
View ArticleIBM Stock: All Those Cash Dividends
Between 1978 and 2012, IBM stock delivered returns of at least 12% during every ten-year or greater time frame except for the 1998-2008 and 1999-2009 measuring periods. Up until the past decade or so,...
View ArticleSix Investing Principles From Warren Buffett’s 2013 Shareholder Letter
You don’t need to be an expert in order to achieve satisfactory investment returns. But if you aren’t, you must recognize your limitations and follow a course certain to work reasonably well. Keep...
View Article2014: The Year Big Banks Returned To Trouble
Six years. That’s how long it takes financial institutions to start forgetting the scars and nightmares of the credit crisis that came out in full force in September 2008 and extended throughout much...
View ArticleThis Lear Capital Commercial Is Terrible And Predatory
The most dangerous financial shift that has occurred in the United States in the past thirty years has been the shift from the pension system to one dominated by 401(k)’s. You’re going to get bad...
View ArticleShould You Buy The T Rowe Price Capital Appreciation Fund?
I received a reader question asking whether the T Rowe Price Capital Appreciation Fund is a good selection for those of you that don’t have self-directed 401(k) options. Over the past year, the T Rowe...
View ArticleThe Brilliant Market Psychology Of The Quicken Loans Bracket With Warren Buffett
I’ve spent the past hour in awe of the excellent marketing during the first four days of “March Madness” done by Quicken Loans with their “billion-dollar” promotion that has gotten a lot of attention...
View ArticleBear Market Investing For Long-Term Investors
I was watching CNBC recently (I know) and many of the advertisements between the programming focused on bear market investing with an encouragement to buy some trading algorithm, or making rapid buy...
View ArticlePhillips 66 Stock: The Conoco Spinoff Seven Years Later
I had always admired the “old” Conoco Phillips that included what is now ConocoPhillips (COP) and the new Phillips 66 (PSX). It owned immense oil, natural gas, and refining assets, and due to some...
View ArticleParents Raised Money For Baseball Team, Judge Uses Title IX To Tear Down...
Students and parents of student at Plymouth Salem High School in Michigan have been dealing with one of the grossest overreaches of Title IX legislation in recent memory. Here’s a useful summary from a...
View ArticleHow To Find A Great Stock Investment These Days
When evaluating a business, I pay close attention to the ability of the prospective business to raise prices that it is able to charge for its good or services each year. Along with improved improved...
View Article23,918% Rise In Value Since 1979
I have a new update on Patreon, which you can access by clicking here. I cover a stock that has deliver over 14% annual returns since 1979 while executing the same strategy today that it has been...
View ArticleTaco Bell’s Ronald McDonald Commercial Is Brilliant Advertising
I’m a sucker for a good commercial, particularly one with a competitive edge that indicates “I’m here to win.” The United States has largely moved away from producing those kinds of ads over the past...
View ArticleCash Flowing Into Investments Right Now
I am a little bit wary of when there is a large rise in capital flying into the markets because it suggests the possibility that assets could be trading at an inflated mark. Often enough, “good days”...
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