Philip Carret: “If The Figures Look Right And The Management Knows What It Is Doing, Why Does One Need A 40-Page Report?”

Johnny HopkinsInvesting Strategy, Philip CarretLeave a Comment

One of our favorite investors here at The Acquirer’s Multiple is Philip Carret. Carret wrote one of the best books on investing called – A Money Mind at Ninety. There’s a great passage in the book, taken from his 1990 speech at Contrary Opinion Forum, in which he provides two valuable insights for investors. The first relates to borrowing money … Read More

Philip Carret: All Stock Investors Are Speculators By Necessity

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One of the best books written on investing is The Art Of Speculation, by Philip Carret. There’s one passage in particular in which Carret illustrates how all stock investors are speculators by necessity. Here’s an excerpt from that book: It is unfortunate that the word “speculation” immediately suggests the word “stocks” to most people. When his neighbors gather at the … Read More

Warren Buffett’s Hero Philip Carret Says There’s Only One Rule For Selling Winning Stocks

Johnny HopkinsPhilip Carret, Warren BuffettLeave a Comment

One of our favorite investors here at The Acquirer’s Multiple is value investing legend Philip Carret who Warren Buffett once described as one of his heroes. Carret has written three books – The Art of Speculation, A Money Mind at Ninety, and Classic Carret: Common sense from an uncommon man. After founding his Pioneer Fund in 1928, one year before the great … Read More