SUMMITA full-time private microcap investor recently commented on our forum: I’m quite curious how you all account and measure the relative performance of variables that can be quantified like earnings, …
Concentrating on a Few Companies is a Great Way to Learn Investing
The financial world preaches diversification because it’s safe and comfortable, but often times to learn and excel you need to be uncomfortable. The point I’m making isn’t that concentrating is …
Ten Valuable Insights on Structuring Your Fund by Robert Vinall
Even though I don’t manage other peoples money, I’m certain the hardest part isn’t finding the right investments, it’s finding the right investors. From time to time I get asked questions from aspiring or …
Differentiating Business Performance from Stock Performance
“If I’d had the slightest idea of what lay ahead of me when I joined up with Chrysler, I wouldn’t have gone over there for all the money in the …
Don’t Compare Yourself To Others
“To be a disciplined investor you have to be willing to stand by and watch other people make money on things that you passed on” – Howard Marks This Howard …
Expectations
How many of your successful investments have occurred on the timeline that you originally predicted? How many times do you ever remember saying, “Well that happened a lot quicker than …
Think Different and Better
Buffett does it his way while Schloss did it another way. Ichan does it his way while Lynch does it another way. Tepper does it his way while Andreessen does …
Are You Prepared?
In rising markets, it’s easy to nonchalantly talk about risk, patience, and the conviction necessary to hold through volatility. But you will eventually be tested. There will come a period …
Small Things that Make a Big Difference – Peace of Mind
In the moment, it’s hard to understand why we go through hardship. Only years later after you’ve persevered, do you look back and realize the obstacle or struggle you faced …
Book Review: The Great Beanie Baby Bubble
Forbes estimates that Beanie Baby creator Ty Warner’ net worth is $2.7 Billion. This is an amazing achievement considering a bulk of it was earned during a 3-year time frame …