Philip Carret: Trend Versus Cycle Stocks

Johnny HopkinsPhilip CarretLeave a Comment

In Philip Carret’s book – The Art of Speculation, he provides some great insights into how to identify the difference between a ‘trend’ stock and a ‘cycle’ stock. Here’s an excerpt from the book: For many years cigarette consumption in the United States has increased year after year almost without … Read More

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 … Read More