Sometimes an investing approach that is not necessarily "rational" from an economic perspective can produce superior results when one accounts for human nature ...
"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 ...
Many aspects of life seem to have asymmetrical qualities. One obvious example involves the amount of time and effort required to build a reputation, both from a personal and professional perspective. It can take many years to earn the confidence ...
"All intelligent investing is value investing -- acquiring more than you are paying for." - Charlie Munger There has long been a distinction in the investing community between companies that appear attractive based on "growth" stories versus those that are ...
