Tag Archives: Financial Media

Gates and Buffett at Columbia’s Graduate School of Business 4Q 2009 (Video)

This is old, but it is a timeless clip. I watched this meeting live and thought it well done, but it is amazing how much wisdom you can find in a few minute clip from a 90-minute event. Buffett makes … Continue reading

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Howard Marks on Risk (in Jason Zweig’s 2/12 Intelligent Investor Column) and Montier on the Risk and Return Characteristics of Value vs. Growth Companies

Howard Marks had been writing outstanding letters to his investors for years. I have read almost every one of his letters since and found that they are filled with fantastic investing common sense. Howard Marks has also been delivering great … Continue reading

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Vitaliy Katsenelson’s Blog

I have just added VK’s Contrarian Edge to the blogroll. VK has strong opinions, but backed up with many facts. He has an interesting tid bit in today’s post: China consumes two-thirds of the world’s production of iron ore. Given the … Continue reading

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Does Your Mutual Fund Manager (or Broker) Have Skin in the Game?

Good article in today’s Wall Street Journal. I could not agree with it any more (subscription Required to read the whole thing): FUND TRACK JANUARY 18, 2011 Look for Money Managers With Skin in the Game By CHUCK JAFFE There … Continue reading

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Quote of the Day

I had a good laugh at this quote found at Graham and Doddsville (see link to the right): Isn’t it funny when you walk into a(n) investment firm, and you see all of the financial advisors watching CNBC — that … Continue reading

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High-Priced Businesses: Jason Zweig on Facebook and the PM’s List of High-Priced Companies

Jason Zweig’s column in today’s Wall Street Journal is titled “Why the Fuss over Facebook Doesn’t Make It a Homerun” and it provides fodder for two posts on this blog today. This first post shows that market buzz, such as … Continue reading

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Historical Market Returns by Year (1825 – 2010)

I first saw the Friess Associates and Yale University market return histogram a few years ago and found it fascinating. Barring a large collapse on the last trading day of the year tomorrow, the returns on the S&P 500 (the … Continue reading

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David Einhorn on the Charlie Rose Show (Video)

David Einhorn appeared on the Charlie Rose Show on December 6, 2010. I think Einhorn is a brilliant securities analyst. He has done a remarkable job providing high risk-adjusted returns for over a decade for the limited partners in his … Continue reading

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Michael Porter’s Appearance on CNBC

Michael Porter is a leading thinker on competition and strategy. I incorporate a “Porter” analysis in almost all of my investment decisions. If you have not been exposed to Porter’s five-forces model for analyzing industry competitiveness or heard about his three basic … Continue reading

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About this Week’s Barron’s Cover Story: Why do Investors Care?

The cover story of this week’s Barron’s is titled “What’s Ahead for Stocks” and it is accompanied by a cartoon of three strategists who are drawing curves on a white board (three different curves, I should add). The author, Kopin Tan, asks ten Wall Street strategists to predict what will happen to stocks in the near future based largely on their predictions of economic activity. It immediately brought to mind something Buffett once said:

“I’ve never made a dime predicting economic activity. We just try to buy businesses we understand at sensible prices.”[1]

Of course ignoring market prognosticators and buying good businesses at sensible prices is what all good value investors do.
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