Category Archive

Here’s a list of this week’s best investing reads: There Is No Size Effect: Daily Edition (Cliff Asness) The Road Ahead (Jamie Catherwood) Negativity Is Not an Investment Strategy (A Wealth of Common Sense) Sounding good or Doing good? A Skeptical Look at ESG (Aswath Damodaran) A Few Rules (Collaborative Fund) What’s in an Equity Return? … Read More

Here’s a list of this week’s best investing reads: The Same Old Boom (Jamie Catherwood) Berkshire in Techland (The Reformed Broker) When Technology Takes Revenge (Farnam Street) Where Are they Going? (The Irrelevant Investor) There Is No Size Effect: Daily Edition (AQR) Obvious Things That Are Easy To Ignore (Collaborative Fund) Buffett’s Warning in 2000 Still … Read More

Here’s a list of this week’s best investing reads: Upside-Down Markets: Profits, Inflation and Equity Valuation in Fiscal Policy Regimes (OSAM) Most Stocks Suck (The Irrelevant Investor) A Primer on Algorithms and Bias (Farnam Street) Beating the Market One Wide Moat at a Time (Morningstar) Why Even the Best Stocks Have to Crash … Read More

Here’s a list of this week’s best investing reads: The Blunt Ratio (Verdad) The Next Frontier (Jamie Catherwood) All Wrapped In One (The Irrelevant Investor) How Much Money is Enough? (A Wealth of Common Sense) Save Like A Pessimist, Invest Like An Optimist (Collaborative Fund) ‘I Can’t Believe I’m Saying This, But I’m Passing on … Read More

Here’s a list of this week’s best investing reads: The Public and Private Markets (Jamie Catherwood) Sacrifice for Thee, Vast Wealth for Me (Epsilon Theory) The VIX Is Raising A Red Flag For The Rally (Felder Report) Are passive ETFs distorting prices in small-cap stocks? (Verdad) Modern Market Cap Theory (The Irrelevant Investor) Dot-Com … Read More

Here’s a list of this week’s best investing reads: Gold, Bitcoin & Markets (Jamie Catherwood) Apple, Epic, and the App Store (Stratechery) 50 Of The Best Investing Podcasts On The Planet (2020) (Acquirer’s Multiple) Why Warren Buffett Is Buying Precious Metals (Again) (Felder Report) Post-Reorg Equities (Verdad) Modeling a Wealth Tax (Paul Graham) Rational Exuberance (Daily … Read More

Here’s a list of this week’s best investing reads: Speculation & Innovation (Jamie Catherwood) Expiring vs. Permanent Skills (Collaborative Fund) Berkshire Makes a Bet on Gold Market That Buffett Once Mocked (Bloomberg) Duration as Leverage (Verdad) The Most Counterintuitive Recession Ever (A Wealth of Common Sense) This Is What ‘Fiscal Dominance’ Looks Like (Felder Report) … Read More

Here’s a list of this week’s best investing reads: What Always Changes (Collaborative Fund) Big Tech, Anti-Trust & Kodak (Jamie Catherwood) The Keyser Söze of investing – Nicholas Sleep (FT) Discounting, Death, and the Demand for Growth Stocks (Verdad) Why Housing Could Be One of the Best-Performing Asset Classes of the 2020s (A Wealth … Read More

Value investing firm Lakewood Capital Management recently released its Q2 2020 saying – a mentality has firmly set in that if a company has prospects for growth, you simply can’t lose. The higher the price of the stock, the more appeal it seems to have. Conversely, it seems no matter … Read More

Here’s a list of this week’s best investing reads: The Grifters, chapter 1 – Kodak (Epsilon Theory) The Four Quadrants of Conformism (Paul Graham) Sad State (Reformed Broker) The Ugly Scramble (Collaborative Fund) Seth Klarman Says Fed Is Infantilizing Investors in ‘Surreal’ Market (Bloomberg) Corp Governance “Dark Arts”: Part 5 (Non-GAAP) Stranger Things (Verdad) Financial Contraptions … Read More

Value investing firm First Eagle Investment Management recently released his Q2 2020 Market Commentary in which they discuss the importance of patience and fortitude at a time when investors are being drawn to the tech stock market darlings. Here’s an excerpt from the letter: The current equity market rally has … Read More

The latest article from Miller Value Partners titled – Don’t Forget Value – makes a very strong case for a comeback in very attractive long-term returns for value investors based on the history of valuation spreads. Here’s an excerpt from the article: In our last quarterly letter, we highlighted a piece … Read More

Here’s a list of this week’s best investing reads: The Bubble 500 (Verdad) The Greatest Danger Investors Face (A Wealth of Common Sense) Securitization & Markets (Jamie Catherwood) Jim Chanos – We Are In The Golden Age of Fraud (FT) A Viral Market Update XII: The Resilience of Private Risk Capital (Aswath Damodaran) … Read More

Here’s a list of this week’s best investing reads: Orthodox Privilege (Paul Graham) Wealth Inequality & Lottery Tickets (A Wealth of Common Sense) We the People? We the Pack. (Epsilon Theory) Here We Are: 5 Stories That Got Us To Now (Collaborative Fund) Buffett’s Disappearing Alpha – Why It Doesn’t Really Matter (Validea) Was that the … Read More

Here’s a list of this week’s best investing reads: Explaining the 2020 Stock Market (A Wealth of Common Sense) An American History (Jamie Catherwood) Lots of Things Happening At Once (Collaborative Fund) Growth’s Edge Over Value May Finally Be Nearing Its End (Barron’s) Up and Down (The Irrelevant Investor) Will Deficit Spending Lead to Inflation? … Read More

Here’s a list of this week’s best investing reads: Fraud, Short Sellers & Media (Jamie Catherwood) Joe Granville: The Original Dave Portnoy (A Wealth of Common Sense) Asset Allocation Beyond the Zero Bound (Verdad) When should you sell your stocks? Only in these cases (Forbes) A Viral Market Update XI: An Ode … Read More

Here’s a list of this week’s best investing reads: Why You Feel At Home In A Crisis (Farnam Street) Never The Same (Collaborative Fund) The Air Conditioning Effect (A Wealth of Common Sense) A Viral Market Update X: A Corporate Life Cycle Perspective (Aswath Damodaran) Pzena Investment Management: Global Banks – Resilience in the … Read More

Here’s a list of this week’s best investing reads: Some Things About the Markets That Will Never Change (A Wealth of Common Sense) Same As It Ever Was (Collaborative Fund) Deserving It (MicroCapClub) The Portnoy Top (Epsilon Theory) Howard Marks Memo – The Anatomy of a Rally (OakTree) Stop Preparing For The Last Disaster (Farnam … Read More

Here’s a list of this week’s best investing reads: Ten reasons the “second wave” hasn’t spooked the markets (yet) (The Reformed Broker) 5 Signs This Might Be a New Bull Market (A Wealth Of Common Sense) Growth vs value investing: the gap widens (FT) Why We’re Blind to Probability (Collaborative Fund) Jeremy Siegel … Read More

Here’s a list of this week’s best investing reads: Why We Don’t Learn From History (A Wealth of Common Sense) The Art of Being Alone (Farnam Street) News, Media, & Markets (Jamie Catherwood) On the link between economic inequality and social injustice (The Reformed Broker) Why The Stock Market Could Be Poised For Another Plunge … Read More