The Beautiful Proof Of Buy-And-Hold Investing
It’s been a while, hasn’t it? I’ll do what I can to break out the defibrillators and bring this site back to life, starting with this statistic that caught me by surprise: “According to analyst Eddy...
View ArticleBear Stearns, Ross Perot, Underground Minerals, And That Honus Wagner...
My weekend reading, for those of you interested: #1. The Fall of Bear Stearns— It already seems like a lifetime ago, but for those of you who want to turn back the clock and read about the collapse of...
View ArticleChipotle Vote Proves Say-On-Pay Executive Compensation Votes Must Become Binding
As far as management teams go, the gang at Chipotle gets a lot of things right. Since the spinoff from McDonalds in 2006, Chipotle has managed to grow profits from $1.28 per share to an estimated...
View ArticleGuilford Babcock’s Letter to Charlie Munger
Two decades ago, Charlie Munger visited The University of Southern California’s Graduate School of Business Administration. There, he gave his speech “Wordly Wisdom as It Relates to Investment...
View ArticleClik here to view.
Whataburger Sold to BDT Capital: Upcoming Changes
The best hamburger I’ve ever eaten in my life was at a Whataburger in Dallas, Texas within driving distance of the DFW Airport. For like three bucks and tax, you would get this huge piece of meat that...
View ArticleBuying Hershey Stock: The Wealth Clusters
There was a moment in 2016 when Hershey stock was trading at $82 per share while earning $4.41 per share in profits for a valuation of 18.5x earnings. It was something that struck me as an example of...
View ArticleBenjamin Graham Would Not Be A Popular Investor Today
An old joke that Peter Lynch often brought up when given the opportunity to give a speech went as follows: Lynch would describe a press release that has legendary Magellan mutual fund trounced the...
View ArticleClik here to view.
Beyond Meat Stock Will Be A Bad Investment
Beyond Meat, the manufacturer of plant-based burger patties that you can find at retailers like Target, has seen its stock climb from $30 during its May IPO to $151 today. The company, which earns $40...
View ArticleHow To Buy Nike Stock Every Month For Life
Nike stock has been one of those few businesses that is widely known by the public at large that continues to build incredible amounts of wealth for its shareholders, even as it has become globally...
View ArticleTexans Love Their Boom-Time Real Estate Investments
Since I was originally born in Dallas, I have always paid attention to economic trends in the Texas economy over time. Looking at some of the recent economic data, I can’t help but crack up as I see...
View ArticleKill The Repatriation Tax To Create Immediate Wealth For Americans
If I had to make a short list of the dumbest policies that prevent the United States of America from reaching its full economic potential, one of the top spots would be dedicated to the...
View ArticleBest Stocks To Invest In Right Now And Forever
Warren Buffett used to quip that the best stock to buy was one that you already owned in your portfolio because you cannot expect that your eighth, twelfth, or twentieth idea will ever be as good as...
View ArticleMoneygram Stock Will Be Destroyed By Debt
If you have ever reviewed bulk landlord lawsuits for eviction or rent and possession, you will notice many exhibits attached containing “Moneygram” payments. If you are not familiar with Moneygram, it...
View ArticleTony La Russa’s Commencement Address Applied To Investing
Tony La Russa, the current director of baseball operations for the Arizona Diamondbacks who coached the St. Louis Cardinals to World Series victories in 2006 and 2011, gave the commencement address...
View ArticleAverage Americans’ Net Worth and Interest Rates – 2019 Edition
Right now, the average wealth per adult in the United States is $403,974 and the median wealth per adult in the United States is $61,667 according to Credit Suisse’s Global Wealth Report. What I find...
View ArticleProcter and Gamble Stock: The Next Twenty Years
The best unexpected perk of regularly writing about stock investments as a blogging hobby is that some incredibly talented, hard-working, and driven audience that is dead serious about personal...
View ArticleWhy Are American Schools Failing?
Lately, I have been reading the works of Charles Murray, an author of social commentaries who is not at all popular with those on the left side of the political spectrum. Mostly, I’ve wanted to...
View ArticleMastercard Employees Should Be 401(k) Millionaires
Mastercard, Inc. has one of the best employer match programs in the entire world. It matches 125% of employee contributions up to 10% of salary. If you are an employee of Mastercard reading this, you...
View ArticleClik here to view.
Disney’s Billion-Dollar Empire of Subsidiaries
This is what a company that will be pumping out billions of dollars of profit in 2020, 2030, 2040, 2050, and 2060 looks like. It is the greatest collection of intellectual property in the entertainment...
View ArticleRemedial Life Lessons Need To Be Taught In Schools
Yesterday, Michael Bloomberg published an op-ed on the website which he owns that reached some conclusions different than what I was expecting to see—I wasn’t expecting the guy that wants to legally...
View Article