In his latest Q2 2022 Letter, Josh Wolfe discusses REdiscovering the meaning of price. Here’s an excerpt from the letter: Upside booms and downside busts share a common pattern: a diversity breakdown. Liquid and stable markets are formed by investors with diverse, diffuse and different dispositions, sentiments, styles, expectations, degrees … Read More
Josh Wolfe: Investors Should Be Wary Of False Optimism
In his latest discussion with Danny Crichton on the Securities Podcast, Josh Wolfe discusses the difference between complacent optimism and conditional optimism, as it relates to company executives and entrepreneurs who like to sell optimism to the public. Here’s an excerpt from the discussion: Wolfe: There really are two kinds. … Read More
Josh Wolfe: ‘Buy-The-Dip’ No Longer Works
In his latest interview with CNBC, Josh Wolfe explains why ‘buy-the-dip’ no longer works. Here’s an excerpt from the interview: Wolfe: Well I think in some sectors it’s a mix. I think you’ve got a flat tire in some sectors. We’re looking at probably in my estimation a greater than … Read More
Josh Wolfe: Why Value Investing Is Timeless
In his recent interview with Motherboard, Josh Wolfe discussed why value investing is timeless. Here’s an excerpt from the interview: Host: I’m really interested in this idea that creating a profitable business is less important to a lot of modern companies and investors than hype and narrative. I wonder how … Read More