Articles
Life doesn’t always give you exactly what you’re looking for at first glance
U.S. companies have done even better than the U.S. economy in recent years.
It is difficult to foresee how one unlikely event can lead to other unlikely events until after they have occurred.
Life is so rich
Risk and return are generally related, and financial products that offer high returns at a low risk are likely to deliver on neither promise.
Except when these readings hit true extremes, they contain little actionable information.
12 MLPs, a South Korea small company ETF and PANERA BREAD STOCK.
Can 40% per year be a justifiable premium for insuring volatility risk?
Stocks and bonds have not declined in unison like this since the dysfunctional days of the global financial crisis.
In 1998 earnings rose 0.6% while stock prices advanced 26.7%
Starting a hedge fund in this environment is the hardest thing in the world.
Spend less than you earn.
Prices for decent, but far from spectacular, businesses hit an all-time high
Podcasts
Peter Lynch would not use the P/E ratio for companies with sales less than a billion dollars.
Hall of Fame locker room guys.
With Bill Simmons and Richard Jefferson
Qualitative insight is likely often mispriced.
With Patrick O’Shaughnessy and Pat Dorsey
The perfect show at the perfect time.
With Marc Andreesen and Ted Sarandos
Deliberate serendipity
With Guy Raz and the founders of Warby Parker
TC mode fell flat.
Books
We tend to remember the best of times and the worst of times, rather than the likeliest of times.
