investing tips
We’re looking for businesses whose shares are trading at a 40% or more discount from our assessment of their private market value. To avoid value...
Given the way we invest, we will fall into value traps from time to time. In general, we try to constantly remind ourselves that when an industry goes...
Our brains are in sync with the speed at which the market is moving and totally out of sync with the speed at which a business is moving. It seems...
Tags: investing, psychology
High finance isn't burglary or obtaining money by false pretenses, but rather a judicious selection from the best features of those fine arts.
Financial stocks are particularly risky. Banking, in particular, is a highly lever- aged, extremely competitive, and challenging business. A major...
If you have no retirement plan at work, contribute to a traditional IRA or a Roth IRA. Your contributions to your 401(k) or IRA are tax-deferred, so...
Failing to Consider Macroeconomic Variables: You have found a company you want to invest in. Its valuation is superior to that of its peers. It has...
Charlie [Munger] and I look for companies that have a) a business we understand; b) favorable long-term economics; c) able and trustworthy management;...
The fundamentals of value investing – which to my mind are based on common sense – still work, and work equally well across borders. We look at...
Having a financial adviser enables the investor to carry a psychological call option. If the investment decision turns out well, the investor takes...
