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 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…

The Craziest Hedge Fund Letter Ever Published

Hemp is the future, you’re all dumb, and we need a new Government!

I remember, several years ago, coming across a letter from a hedge fund manager named Andrew Lahde. I have tried…

15 of My Favorite Quotes About Value Investing

After reading 40 pages of quotes from some of the best investors, these ones stood out the most.

The Most Important Investor Letter Jeff Bezos Ever Wrote

Amazon spends more money on research and development than both Apple and Alphabet (Google). My first thought after reading this was: no way and how? Apple nearly has a monopoly on the smartphone market and Google is still the…

A Few Things I Learned from Jeff Bezos’ 2016 Letter to Investors

Don’t come at Bezos with your Conjoined Triangle of Success. Or your Porter’s 5 Forces. Or any jargon from business school or so-called gurus.

How the Founder of Litecoin Learned About Long-Term Investing

A story of trading and investing in the wild west of cryptocurrencies

Note: this post was not written to demonstrate why Litecoin is good or bad…

How To Avoid Bad ETFs and ETNs

ETFs and ETNs are getting more popular, but you still need to be careful. Here’s how.

You probably own an Exchange Traded Fund (ETF) right now. You also probably know how easy it is to buy…

Why You Shouldn’t Be like Warren Buffett and What to Do Instead

Think about all the people you meet who try to invest like Warren Buffett.

“I want to be the next Oracle of Omaha” they might say…