In their latest episode of the VALUE: After Hours Podcast, Tobias Carlisle, Jake Taylor, and Michael Gayed discuss: Tech Dominance Is Breaking the Market Cycle Are Markets Just a Casino Now? Big vs. Small: How Business Size Shapes Survival & Success Luck vs. Skill in Investing: Why There Are No … Read More
Warren Buffett: The Investor’s Misery Index
Here’s a great excerpt from Warren Buffett’s 1979 Berkshire Hathaway Shareholder Letter in which he illustrates the impact that inflation can have on an investor’s returns, using what he calls – “the investor’s misery index”, saying: To better understand the implications of digital asset management, I recently explored the use … Read More