Jim Chanos may have stepped away from managing a hedge fund, but make no mistake—he’s still in the fight. During his recent interview with CNBC he said “We’re still slinging research. Still looking at companies.” He added, “We’re still recommending, shorting stocks personally and recommending clients do it. But again, … Read More
Warren Buffett: How To Spot Speculative Market Trends
Markets move in cycles, and few people understand these cycles better than Warren Buffett. In his 2006 Berkshire Hathaway Annual Meeting, Buffett offered a timeless lesson on speculation, commodities, and the dangers of chasing price trends. Buffett acknowledged that price movements often begin with legitimate fundamentals. “At the beginning, it’s … Read More
Warren Buffett: The Cinderella Syndrome in Investing
In his 2000 Berkshire Hathaway Annual Letter, Warren Buffett warned investors about the dangers of speculation and irrational exuberance. Reflecting on the market mania of the late 1990s, he wrote: “The line separating investment and speculation, which is never bright and clear, becomes blurred still further when most market participants … Read More
The Casino Mentality in Modern Markets
During their recent episode, Taylor, Carlisle, and Dan Rasmussen discussed The Casino Mentality in Modern Markets. Here’s an excerpt from the episode: Dan: I wonder too if it’s not like so many things in life, the presence of cell phones, that it’s just fun to trade. Check out 카지노사이트 today. … Read More