SUMMITWe are entering the graduation season which of course is the time of commencement speeches. It makes me reflect on what I want my children to know about investing particularly …
Investing is Hard
On June 30th 1997, Amazon.com (AMZN) was trading at a split adjusted $1.50 per share and was valued at $700 million. That day the stock traded 228,900 shares in a range …
How Do You Know that Management is Competent?
Management competence is a significant factor that investors should research about a company prior to investing. To be more specific, I mostly mean the CEO. Being a CEO of a …
A New Mental Model for Investing
One of my favorite investors is Nicholas Sleep of Nomad Investment Partners. He is famous in qualitative investment circles, but rather unknown to the rest of the investment world. He …
Morgan Housel on What Other Industries Teach Us About Investing
Morgan Housel gave an incredible presentation on What Other Industries Teach Us About Investing at our second annual MicroCap Leadership Summit (MLS). Morgan Housel is a partner at The Collaborative …
Changing Your Mind
Closed-minded people put up walls around them. They prohibit new ideas and people from getting in. By doing so they stop growing. The only way to grow and evolve personally or …
Disrupt Yourself and Grow
I often learn the most by speaking with or studying successful investors that have the complete opposite strategy from my own. There is no better way to find holes in …
It’s Not Batting Average that is Important, It’s Slugging Percentage
Each investor’s strategy is and likely should be different from the next person. It’s good to be different. I think too many focus on cloning others when it’s a mistake. …
Asking the Right Questions
The smaller the company and the more illiquid its currency, the more the investment process becomes an art and less of a science. Just like with any art form, whether …
Further Analysis of Multi-Bagger Stocks
This article and presentation was produced by Kevin Martelli. The following presentation “A Perspective on Value Investing” starts with a brief introduction on value investing based on my professional journey and …