When you start investing in a company, it’s important that you take a good look at the people who run it. You have to make sure that their management team has talent and integrity. Otherwise, they’ll run the company into the ground and you’ll be in danger of losing your money. You get a sense Read more.
This week Danielle and I dive back into the Berkshire Hathaway Meeting and continue discussing Buffett’s tools for getting a pulse on the market. We also touch on EBITA, Buffett’s legacy, and why you really don’t need a financial advisor.
When you start investing, it is best to choose companies that have value to you. Investing is not just about finding businesses at really good prices, but about understanding when to enter or exit the market. To aid in your understanding, I have compiled a list of essential investing tools that anyone buying or selling Read more.
This week on InvestEd Danielle and I discuss four important points we took from Charlie Munger during our attendance at the Daily Journal Annual Meeting. Mr. Munger discussed how investing can make you an honorable person, the myth of diversification, and the concern of index funds.
Inflation is something that many people completely forget to factor in when calculating how much money they’re going to need for retirement. Most people tend to assume that if you want to live on say, $50,000 a year for the rest of your life you need to multiply that number by 30 years and that’s how Read more.
It’s time to get past the rancor and mud-slinging that characterizes American politics when it’s at its worst and take a look at how a Trump victory might impact the country and thereby the investment weather we’ll be working in. And I want to start this off properly in the best way: This commentary is Read more.
“Our favorite stock holding period is forever.” – Warren Buffett I want to talk to you about some of the best advice I’ve ever received from one of my favorite investors, Warren Buffett. The key to successful investing is buying a great company when it’s on sale and then holding it for long periods of time.
The stock market has an amazing track record at calling presidential elections. The publisher of InvesTech Research, James Stack, wrote that in the 22 presidential elections since 1928 (the year the S&P 500 index started) 14 elections saw gains in the S&P 500 index in the three months leading up to the election (August, September, Read more.
With any type of investing comes a certain level of risk. While it is great to celebrate our victories, we must also reflect on our failures and find the valuable lessons learned. This week on InvestED we are going over what exactly happened with Horsehead Holding (ZINC), how Phil was involved, and the lessons that Read more.
Rule #1 investing isn’t a value system, it’s an investing strategy, but it works better if you’re fighting for something you truly believe in. It helps when you’re investing in something you admire, are in favor of, or want to promote in the world. The best fights and the best investments you’ll ever make are Read more.