Adventures in Home Appliances

June 8, 2010

I’d like to preface this post by saying that I don’t endorse either company or any product with this post.  I just thought I’d share a story from this weekend because I found it to be an interesting experience. We have a dishwasher that’s falling apart.  It’s fairly old, and we decided that it might [...]

  • Share/Bookmark
Read the full article →

Diversification

June 7, 2010

I can’t help myself, and decided I’d chime in, very briefly, on the issue of diversification discussed in a guest post last week.  I mentioned, in the comment section, that diversification decreases as your positions increase.  It makes sense.  There’s a bigger difference between 5 and 10 positions than 95 and 100. I’ve noted before, [...]

  • Share/Bookmark
Read the full article →

John Wooden

June 5, 2010

“Talent is God given.  Be humble.  Fame is man-given.  Be grateful.  Conceit is self-given.  Be careful.” – John Wooden I don’t have a lot to say about John Wooden’s passing.  There are lots of people that know a lot more about him.  There are lots of people that could better reflect on life.  As I [...]

  • Share/Bookmark
Read the full article →

Who really benefits from diversification?

May 28, 2010

This is a guest post from Mariusz Skonieczny founder and president of Classic Value Investors, LLC, an investment management company. He is also the author of Why Are We So Clueless about the Stock Market? Learn how to invest your money, how to pick stocks, and how to make money in the stock market. The investment [...]

  • Share/Bookmark
Read the full article →

Bill Ackman’s Presentation on General Growth Properties

May 21, 2010

This isn’t new.  It’s almost 6 months old.  I think that’s important to note, because the information could have changed, the assumptions may have changed, the market may have changed.  Bill Ackman owns 25% of General Growth Properties (GGP) and was one of the driving forces behind turning down Simon Properties Group’s (SPG) takeover bid. [...]

  • Share/Bookmark
Read the full article →

Risk

May 20, 2010

This has to be one of the best ways I’ve ever heard risk explained: “…there are two main risks in the investment world: the risk of losing money and the risk of missing opportunity.” The speaker is Howard Marks, and that’s how he begins his most recent letter to investors in his fund, Oaktree Capital [...]

  • Share/Bookmark
Read the full article →

Oil Spill Clean-Up Musings

May 19, 2010

This video is making the rounds. It looks pretty legit to me…but what do I know about cleaning up oil spills. The video is worth watching. Are you convinced?

  • Share/Bookmark
Read the full article →

Seth Klarman Speaks

May 18, 2010

Update: Check out these excellent Klarman notes as well. I try not to put too much stock into what any one person says about the market.  Right now, there are lots of people saying the market is overvalued.  There are also lots of people out there saying the market is undervalued.  I don’t know whether [...]

  • Share/Bookmark
Read the full article →

Consumer Reports iPhone App

May 17, 2010

If you’ve been following the site for any length of time, you know that one of things I love is Consumer Reports.  I’ve been an online subscriber for several years now.  CR doesn’t take advertising, and for that reason, I trust them.  Before I make almost any significant purchase, I check out what CR has [...]

  • Share/Bookmark
Read the full article →

Successors to the Berkshire Hathaway Throne

May 10, 2010

Every year at the Berkshire (BRK-B) meeting, one of the questions for Buffett always gets is about the Berkshire succession plan.  For the record, there are two positions at issue.  One is the Chief Executive position. The Chief Executive position is one that we can speculate on fairly intelligently.  We have a lot of hints [...]

  • Share/Bookmark
Read the full article →

← Previous Entries

Next Entries →