Financial Success Late In Life Is Nothing To Lament
I love this chart that Anna Vital made that is going viral across the United States. If anything, though, it’s incomplete because it ignores so many people who didn’t start becoming successful in a...
View ArticleWhy People Stop Donating Money To Their Alma Mater
I was reading this academic study on why alumni cease donating to their alma mater, which is titled “Why Alumni Don’t Give: A Qualitative Study of What Motivates Non-Donors to Higher Education.” It...
View ArticleWhat Warren Buffett’s Will Can Teach You
On a recent CNBC appearance, Warren Buffett discussed the investment strategy for his will: “Well, I didn’t lay out my whole will. . . . I did explain, because I laid out what I thought the average...
View ArticleWho Gets The Dog In A Divorce?
California, Illinois, and Alaska now permit divorce courts to consider the “best interest of the pet” (limited to dogs, cats, and a few other animals) when determining which spouse gets the pet after...
View ArticleJohnson & Johnson Stock: Feeding The Winners
I enjoy studying the mega-cap companies like ExxonMobil, Johnson & Johnson, and Nestle that have delivered excellent results for shareholders over a multi-decade stretch. Unlike many other...
View ArticleMichael Lewis And Flash Traders Do Not Affect Long-Term Investors
One of the things that I find remarkable about investing is that, over long periods of time, the results that you experience tend to mirror the earnings per share growth rate plus dividends of the...
View ArticleSetting Measurable Investing Goals
Henry Ford famously said: “That which can be measured, can be managed.” When he met with his company’s sales managers approximately a century ago, he told them that he could get the best out of them by...
View ArticleThree More Ways To Become A Bad Investor
Cass Sunstein, in a recent Bloomberg article in which he examined the causes of his own personal investing mistakes, reminisced about a dumb selling decision that he made in 2011. Putting himself on...
View ArticleTwo Recent Purchases
Today, I made two purchases. One is an excellent company with excellent growth in excess of 15% per annum, and the other is a dominant blue-chip stock currently yielding over 4.8%. I provided the full...
View ArticleBoston Beer Stock: A Long-Term Look At Intelligent Small-Cap Investing
A question from a reader: Hi tim I know you usually write about large stock dividend investing but was wondering if you would share how to make small sized stock investments in smaller companies The...
View ArticleReading An Annual Report (Finding Unexpected Risks)
Benjamin Graham used to say that reading an annual report was largely a “negative art” because usually something compelling about a business would make you curious enough to read the company’s...
View ArticleGetting A Medallion Signature Guarantee
When someone needs to authenticate the transfer or redemption of: (a) stocks; (b) bonds; (c) mutual funds, or (d) anything defined by the Securities and Exchange Commission as a “security”, most...
View ArticleWashington University Students Are Protesting Peabody Energy
Tim, I know you’re from the St. Louis area. You’ve probably heard about the protests from many members of the Washington University student community about Peabody Energy. In general, how do you think...
View ArticleHarley Davidson Stock: Becoming A Bank Again
Harley Davidson should be one of those companies that delivers solid, steady investment returns. It has the premier brand name in the manufacture and sale of motorcycles, and earns 23% operating...
View ArticleWealthy Families Move Their Trusts To New Hampshire
I spent most of my money studying the long litany of tragedy that has met the Johnson & Johnson heirs and beneficiaries to the great healthcare fortune, and I came across the fact that Ned Johnson...
View ArticleCharlie Munger: The First $100,000 Is A B*tch
A Sunday mailbag from reader Ben: Hello Tim, My name is Ben and i have read most of your articles on seeking alpha. I like your idea of establishing the net worth of $100k and investing them in...
View ArticleGeneral Mills “You Can’t Sue Us” Approach Ticks People Off, Won’t Work In Court
When you make a public strategy, there are generally four quadrants that cover the possible outcomes of your decision. You can do something that is socially popular, and against your self-interest. You...
View ArticleAn Easter Investing Reflection
Good Morning. He has Risen. I was reading parts of the Gospel of John early this morning, and once I got away from that, I drifted into my usual habit of reading through old Wesco transcripts with...
View ArticleDid You See David Winters’ Latest Letter To Warren Buffett About Coca-Cola?
You know how Abraham Lincoln advised that if the Supreme Court doesn’t do what you want it to do, you should keep passing the same legislation over and over again, albeit in slightly different forms...
View ArticleWarren Buffett’s Unsatisfactory Response To Coca-Cola’s Executive Compensation
In an interview with CNBC yesterday, Warren Buffett got questioned about the wisdom of Coca-Cola’s compensation that could potentially dilute shareholders to the tune of $13 billion over the coming...
View Article