History does not repeat exactly, but it sometimes does rhyme. Those of us who recall the dot com bubble and the years leading up to the global financial crisis of 2008-09 often look at the crazy things that have been
If you ask a random American on the street when the United States was born, it is almost certain that you will be told July 4, 1776. There is no doubt that the Fourth of July, celebrated across the country
“The chains of habit are too light to be felt until they are too heavy to be broken.” — Bertrand Russell One of the ironies of life is that many bad habits provide immediate rewards while negative consequences are concealed
““Like Warren, I had a considerable passion to get rich, not because I wanted Ferraris — I wanted the independence. I desperately wanted it.” — Charlie Munger The world can appear vastly unequal in terms of the goods and services
On a spring day in 1964, Warren Buffett received a letter from Seabury Stanton offering to purchase the Buffett Partnership’s stake in Berkshire Hathaway. Buffett and Stanton had agreed to a price of $11.50 but Stanton’s letter offered only $11.375. This annoyed the thirty-three year old Buffett and he started buying more shares starting his long journey of transforming Berkshire Hathaway into what it is today.