During their recent episode, Taylor, Carlisle, and Chris Bloomstran discussed Buffett’s Trust Strategy Makes Sense—But Not for Active Capital Allocators. Here’s an excerpt from the episode: Christopher: Yeah. There’s an eclecticism to capital. You need to be opportunistic. Yeah, pigeonholing yourself doesn’t make a lot of sense. You’re always trying … Read More
Buying High and Hoping Higher: A Strategy as Solid as Jello
During their recent episode, Taylor, Carlisle, and Dan Rasmussen discussed Buying High and Hoping Higher: A Strategy as Solid as Jello. Here’s an excerpt from the episode: Tobias: There was a question in our comment stream about gold. I don’t know if you’ve said something about gold or– They wanted … Read More
Bill Nygren: Abundant Value Investing Opportunities Beyond Big Tech
In his recent Insight video, Bill Nygren highlights the current appeal of value investing due to a significant valuation gap between a few mega-cap tech companies driving the S&P 500 and other industries. While the S&P 500 trades at a high PE multiple, value stocks are available at much lower … Read More
Ray Dalio’s Investment Wisdom: Humility, Triangulation, and Diversification
In this interview with RWH, Ray Dalio discusses the importance of humility and caution when making decisions in unfamiliar areas, using China as an example. He relies on extensive experience, starting in 1984, and insights from highly knowledgeable and trustworthy individuals to triangulate information and form conclusions. Dalio prioritizes diversification, … Read More
Charlie Munger: An Idiot Could Diversify A Portfolio!
Here’s a great excerpt from Charlie Munger’s Daily Journal Meeting earlier this year in he discusses why portfolio diversification is completely unnecessary. He illustrates the point with a great real-life example saying: The idea of diversification makes sense to a point if you don’t know what you’re doing and you … Read More