covenant-liteInvestment MemoI don’t have much to say on the current state of financial markets. One could observe that interest rates are historically low, credit…Jan 19, 2018Jan 19, 2018
covenant-litePosition SizingA universal problem faced by portfolio managers of public market securities is the question of portfolio position sizing. In reality, 80%…Apr 29, 2017Apr 29, 2017
covenant-liteBuying “Quality Companies”“I think that the number one thing I would always say to everybody — and I think this is the biggest mistake that people make — is to…Dec 8, 2016Dec 8, 2016
covenant-liteThe 10x Pretax Income MultipleOne of the best written internet posts on investing and the topic of valuation multiples was written by The Brooklyn Investor linked here…Jul 8, 20161Jul 8, 20161
covenant-liteA Few Thoughts On Warren Buffett’s Investment In IBM“Adults suffer now to be better off later.” — C. MungerNov 9, 20151Nov 9, 20151