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Monthly Archives: January 2018

Week in Review

Great things are not done by impulse, but by a series of small things brought together. – Vincent Van Gogh Be not afraid of growing slowly, be afraid of standing still. – Chinese Proverb Society is demanding that companies, both public and private, serve a social purpose. – Larry Fink I never attempt to make […]

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The Champion Investor: Week in Review

Remember, cash is a fact, profit is an opinion. – Al Rappaport To stay ahead, you must have your next idea waiting in the wings. – Rosabeth Moss Kanter Obstacles are those frightful things you see when you take your eyes off your goal. – Henry Ford Great investors don’t get sucked into the vortex […]

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Buffett, Bull Market Extremes, and Russian Gas

A computer company can lose half its value overnight when a rival unveils a better product, but a chain of donut franchises in New England is not going to lose business when somebody opens a superior donut franchise in Ohio. It may take a decade for the competitor to arrive, and investors can see it […]

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Buffett, Bitcoin, and a Lesson From 1900

90 seconds is plenty of time to tell the story of a stock. If you’re prepared to invest in a company, then you ought to be able to explain why in simple language that a fifth grader could understand, and quickly enough so the fifth grader won’t get bored. – Peter Lynch Buffett Wisdom There’s […]

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What Investors Can Learn From Sir Isaac Newton

Tim Price is one of the top investment strategists in the world. He’s co-manager of the VT Price Value Portfolio and author of Investing through the Looking Glass: A Rational Guide to Irrational Financial Markets. In one of his letters last year, he talked about Sir Isaac Newton and the South Sea Bubble. The lesson […]

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“I Hope I’m Making a Bad Buy”

Yesterday was a lesson from Barton Biggs on how important it is to “listen to the market crowd.” Today, we continue learning from his book, Wealth, War & Wisdom. As a reminder, it’s about what happened to stock markets and wealth during World War II. Biggs calls WW2 “the most excruciating, destructive global disaster in […]

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