A Few Things I Learned Watching a Hedge Fund Manager Lose $4 Billion on One Trade

Maybe you also followed this story. Or maybe not. But basically a really big hedge fund manager, one of those guys who people quote and probably talk about at Harvard Business School, placed…

What I Learned About Investing In 2019

More than 50 things I learned about markets

Each year I do this, I’m reminded of how little I actually know. I think it’s important to accept and reflect on that reality. Someone recently said to me, “every…

Explaining BTFD and STFR In The Simplest Way I Can

A guide to buying dips, and selling rips

If you run in certain circles, you already know what BTFD and STFR mean. You can stop reading. This might be too easy for you. But if you don’t, and…

What Warren Buffett Thinks About Bubbles and Crashes

Insights, wisdom, and ideas from the world’s best investor.

“In God we trust; all others pay cash.”
During the early 1950s, in small towns across America, this slogan was a…

Why It’s so Hard to Be a Contrarian Investor

Everyday you’re going to be told you’re wrong.

Jim Chanos is a grizzled short-seller with a long history of making bold calls. He was short Enron before it became one of the biggest bankruptcies…

50 Things I Learned About The Stock Market in 2016

Everything I know about the stock market today is from reading blog posts, 160 character tweets, and looking at charts shared by thousands of traders and investors across the Internet. Almost all of them I only know by their digital names.

The Story of Private Capital Management and Apple

In 2004, a hedge fund called Private Capital Management made a massive bet. They found a company they liked and they decided to invest most of their portfolio in it. They had never made a bet this big.

What I Learned From Warren Buffett’s 2017 Shareholder Letter

When the Oracle of Omaha talks, you listen!

I love reading Warren Buffet’s investing letters and I’ve made it habit to read, study, and report on them. In this post, I’ve…