Tips by Christopher Davis

Our turnover is typically in the single digits. It’s great when something goes up 50% in a year, but if you sell it you’ve got transaction costs...
We try to fight against statements like “this would be a great investment if it were 10% cheaper.” That’s a wussy conclusion because you can’t...
[Lessons from a money-losing investment in Sprint?] I’d put this in the category of what David Packard once said, that more companies die of...
5 Mistakes of judgment are the toughest to learn from, because each one is different. There were a lot of ways to look at the mistake of buying...