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After last week’s New York Times article A Quiet Giant of Investing Weighs In on Trump, a lot of people have been looking for Seth Klarman’s 2016 Baupost Group letter to investors (myself included). For 80+ more hedge fund letters to…
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Here is a list of hedge fund letters and reports written to investors, summarizing 2016 performance and giving outlooks for 2017. The letters in this list are from the top hedge funds and the most successful value investing firms in the world.
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Water stocks are poised to be one of the fastest growing investment sectors in 2017 – and with good reason. According to the U.N., water usage has grown twice as fast as the world’s population over the last century. Today, we use…
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Warren Buffett is one of the greatest investors of all-time. But his wisdom runs much deeper than just investing. Warren Buffett is also an incredible businessman and manager, and it’s really these qualities – in addition to his investing skill –…
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[Tweet “”I’m a great believer in solving hard problems by using a checklist.” – Charlie Munger”] Charlie Munger is a famously reticent man. At Berkshire Hathaway Annual Meetings, Munger’s usual catch phrase is “I have nothing to add.” But Poor Charlie’s…
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Warren Buffett is the 3rd richest man in the world and he’s considered to be the greatest investor to have ever lived. But what’s funny is that Buffett has achieved all of his success not by doing more than his peers……
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Warren Buffett says that he often gets asked the question: “Who should I go to work for when I graduate college?” He’s got a very simple answer: “The real thing to do is to get going for some institution or individual that you admire. I mean it’s crazy to take in-between jobs just because they look good on your resume, or because you get a little higher starting pay.”
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What is risk? According to modern portfolio theory, risk can be divided into two elements: systematic risk and unsystematic risk. Systematic Risk Systematic risk – also called undiversifiable risk or market risk – is the risk inherent in the overall market and is not…
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One of the eight films that was nominated to win the Oscar for Best Picture at the 88th Academy Awards in 2016 was The Big Short. The movie, based on Michael Lewis’s book The Big Short: Inside the Doomsday Machine, tells the…
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Warren Buffett has often said that the average investor should practice diversification by investing in index funds. I’ve written several times (here, here, and here) about index funds and how investing in an S&P 500 index fund and using a dollar-cost…
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