
We have Enough to Read – What He Said on Diversification
Murray Stahl has been referenced here before. Google away on him and Horizon Kinetics and sit down for some long reads. A great writer he

Murray Stahl has been referenced here before. Google away on him and Horizon Kinetics and sit down for some long reads. A great writer he

I lifted this from a recent Financial Times piece. What I will add for the intrepid reader is a longer time horizon. It is correct

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