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…

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…

The Six Charts I Use To Understand What’s Going on in America

The Trader Who Lost $200 Million In A Year, Then Made It All Back In 3 Hours

Elon Musk, Twitter, and What It Means For Future Investors

The whole game has changed.

I remember talking about the stock market with my grandfather. He would tell me things about reading quarterly reports or potentially seeing the names of the…

A Few Things I’ve Learned About Managing Money When The Stock Market is Dropping

What I am about to share is everything I’ve learned, so far, about market drawdowns.

Ice Fishing and Investing

It’s the first day of winter. The lake, in a small town which we don’t know the name of, has frozen over. A man who lives close by dresses warmly. He puts on his jacket and boots. He grabs his ice fishing gear including his tip ups, bait, hook, and line.

What Scares Hedge Fund Managers

I wonder what most money managers would say about the things that scare them most. They might say things like, “inflation” or “fraud” or “losing other people’s money.”

I recently spent some time studying Ray Dalio, the founder of the world’s…