This was from a recent Wall Street Journal article. I would simply like to be on an investment committee being pitched “let’s give the kid
revise the definition of “accredited investor” from high-net-worth individuals to anyone who passes a federally mandated exam
If nothing else but by not being REALLY early. And it’s not fair to whomever they are to suggest that the letter lacks little detail
Yes, I signed up. Unless you are an accountant or a banker, you would probably rather go to the dentist than listen to a speech
Yes, there are some people who think it is fun to read the 1977 to 1997 Berkshire Hathaway shareholder letters on the Beach. It is
This is a speech given in 1998 by Arthur Levitt, the SEC Commissioner. He obviously had a sense of the nature of man and money,
While the “Institute” was ripping up a Graham-esque curriculum to focus on climate change and DEI initiatives, this dude was having a field day with
Sometimes you just don’t know people. Or what drives them. And so mistakes can be made when you try to equate what seems to add
In a nutshell, valuations matter. Good past performance tends to attract and avalanche of money which raises the valuation of said investment bucket which steals
From CNBC as Noted in Grants: “In finance, when you’re playing defense, you’re almost certainly losing,” [Ken] Griffin said to Citadel’s new class of summer
