Our advice to 11-year-olds: The US markets may repeat the experience of the last 77 years; but we wouldn’t bet on it. It really is a new ball game.
Like Moses descending Mt Sinai with the Ten Commandments, investors eagerly await Buffett’s annual commentary on what worked last year and what his plans are for the next.
Buffett remains an idol of mine and I’d give my right arm to be a tenth as good as he is at picking stocks. But that doesn’t mean he’s perfect.
To jump or not to jump out of a volatile market, that’s the question the mainstream is asking right now. What if you’re close to retirement and you’re just holding the market right now?
Being first can be a huge advantage. We even have a term for it: first mover advantage. Businesses that are first to market enjoy an initial boom.
If you want to succeed at investing, you have to go beyond guesswork. You have to develop a smart approach like Peter Thiel and Warren Buffett.
For Warren Buffett, selling is usually something he doesn’t think about. Sure, he’ll sell if it turns out he was wrong about a business. He might even sell for an … Read More