Facebook, in fact, is the biggest surveillance-based enterprise in the history of mankind.
Everyone is exposed to the same fundamental information and emotional influences.
Stocks look cheap here. I’ve been holding all this cash, waiting for an opportunity.
There is no such thing as no risk. There’s only this choice of what to risk, and when to risk it.
Permabear funds and Black Swan funds have their place in a portfolio, as long as that portfolio isn’t mine or anyone’s I care about.
It has become fashionable these days to simultaneously predict the demise of everything.
It’s almost impossible to tell if you’re being disciplined or irrational by holding on when your investment strategy is underperforming.
The star rating points investors toward cheaper funds that are easier to own and likelier to outperform in the future.
Don’t misunderstand what “It’s different this time” actually means.
People ask me what I do, and I get to tell them I’m a Marine.
The fantasy factor draft.
My two partners closed the door, took a mulligan and started over again.
One board in Florida cut a deal to put the McDonald’s logo on its report cards.