Investors who confine themselves to what they know, as difficult as that may be, have a considerable advantage over everyone else. —Seth Klarman Making money in the markets is challenging even when you have a deep understanding of what it …
(I can calculate the motions of the heavenly bodies, but not the madness of the people) Success accrues not so much to the brilliant as to the disciplined. —William Bernstein Isaac Newton advanced science and thinking like few others ever …
If you get into anybody far enough, you’ve got yourself a partner. —Mark Twain When dollars are transferred from our pocket to an investment, the expectation is that they’ll be worth more in the future. But when the results disappoint, …
Quit while you’re ahead. All the best gamblers do. —Baltasar Gracian Ask somebody what they would wish for if a genie appeared before them and having a lot of money would be a top answer. But “be careful what you …
You need patience, discipline, and an ability to take losses without going crazy —Charlie Munger Kiplinger, 2005 Netflix, Amazon, and Google are three of the most successful companies over the past decade. Their products have changed the way we live, …
The cost of raising a child today is $233,610. This is a 41% increase over the past 15 years, or 2.3% a year. From petrol to food to education and raising children, prices tend to rise over time. Staying ahead …
THE BIRTH OF AN ALTERNATE REALITY Introduction Part One of this series covered the political and social ‘alternate reality’ that the world finds itself in. In Part Two, it was shown that the traditional macroeconomic policies that worked in previous crises could …
THE BIRTH OF AN ALTERNATE REALITY Introduction Part One of this series, covered the political and social ‘alternate reality’ that the world finds itself in. Significant changes were already happening prior to the COVID-19 pandemic. These changes were supercharged during the …
The Birth Of An Alternate Reality Introduction The ‘New Normal” seemed to have happened overnight with the advent of the coronavirus. Whilst there were signs and warnings that major disruption was around the corner before the COVID-19 virus hit us; …