"The real fortunes in this country have been made by the people who put their capital into a business that had a future, worked hard, invested more capital, and stayed with their investment throughout the years -- depression and boom ...
"Success makes people think they're smart. That's fine as far as it goes, but there can also be negative ramifications." -- Howard Marks The investing profession tends to attract individuals who, to put it politely, have a healthy sense of ...
You can choose a ready guide in some celestial voice If you choose not to decide, you still have made a choice You can choose from phantom fears and kindness that can kill I will choose a path that's clear ...
"It is difficult to get a man to understand something, when his salary depends on his not understanding it.” -- Upton Sinclair On the commute home from work, a man suddenly has a brilliant flash of insight and comes up ...
Few large companies have built up as much brand equity and consumer goodwill as Johnson & Johnson. The company routinely appears near the top of lists of the most respected American companies and makes products that consumers rely on. The ...
Few books have been able to withstand the test of time in better form than The Intelligent Investor. Written by Benjamin Graham in 1949 as a guide to investing principles designed to be accessible to the general public, The Intelligent ...
There are numerous books and publications that provide detailed accounts of the history of Berkshire Hathaway as well as Warren Buffett’s life and career. It is also impossible to fully understand Berkshire without studying the life and career of Vice ...
San Jose, California, September 24, 1998. Just another routine day at the office in a suburban office park in the Silicon Valley was interrupted by loud sounds of a celebration coming from the common hallway serving several companies in the ...
The Financial Times has posted a two-part interview with Professor Bruce Greenwald of Columbia Business School. Here are links to the two-part video series along with a summary of each segment courtesy of FT.com. Read this post for more details ...
This article provides some insights into Benjamin Graham and David Dodd's classic textbook on investing: Security Analysis. The author describes his own experience reading a reproduction of the 1934 edition and the benefits of studying the latest sixth edition instead ...
Walter Schloss is one of the "Superinvestors of Graham-and-Doddsville" according to a well known talk given by Warren Buffett at Columbia University over two decades ago. An article adapted from that talk is included in recent editions of The Intelligent ...
In recent weeks, I have written about a number of different investment approaches along with my attempt to leverage the best ideas that have already been put into practice. This is precisely what Berkshire Hathaway Vice Chairman Charlie Munger recommended ...
I have been reading the updated sixth edition of Security Analysis from cover to cover and on more than one occasion, I have stopped to consider the major advantages modern day investors have compared to Graham andDodd . Investors today ...
Benjamin Graham pioneered a technique that holds a great deal of promise in today's market. Graham's concept of identifying bargain issues, or Net-Current-Asset Value Stocks (NCAV), is as relevant today as when he wrote about it in The Intelligent Investor ...
Benjamin Graham is most widely known for his classic books on investing: The Intelligent Investor and Security Analysis. However, most investors would be well served to read a lesser known work of Graham: The Interpretation of Financial Statements. This slim ...