Compared to the mainstream finance industry, value investors tend to hold a lot of cash in their portfolios. This is due to the fact that:1) Value investors are stingy and therefore only purchase when there are blatant...
Read MoreCharlie Munger is Warren Buffett’s right hand man at Berkshire Hathaway. Over the next few weekends, we’ll be summarizing the text he authored titled “The Psychology Of Human Misjudgement”, where he...
Read MoreCharlie Munger is Warren Buffett’s right hand man at Berkshire Hathaway. Over the next few weekends, we’ll be summarizing the text he authored titled “The Psychology Of Human Misjudgement”, where he...
Read MoreThe following is a guest post by Jay, the author of MarketFolly.com: a site dedicated to tracking hedge fund movements through their portfolios.We’re currently in the midst of our ongoing hedge fund portfolio tracking...
Read MoreCommodity prices have been soaring since March. During a recession, it is unusual for commodity prices to rise to such relatively high levels, as demand usually drops, resulting in an overcapacity of supplies causing downward...
Read MoreWhen the market panicked late last year and early this year, we saw a corresponding reduction in the use of margin debt on the NYSE. As investor sentiment soured, borrowers were forced to sell their positions to cover their...
Read MoreGM’s new marketing campaign certifies that this is not GM’s end, but rather its reinvention. Unfortunately for shareholders, however, this is the end, as the company’s shares are virtually worthless. But...
Read MoreWhen considering companies for investment, it is easy to take a lazy approach by quickly scanning financial statements and forming conclusions based solely on the numbers. Unfortunately, companies make accounting choices which...
Read MoreCharlie Munger is Warren Buffett’s right hand man at Berkshire Hathaway. Over the next few weekends, we’ll be summarizing the text he authored titled “The Psychology Of Human Misjudgement”, where he...
Read MoreCharlie Munger is Warren Buffett’s right hand man at Berkshire Hathaway. Over the next few weekends, we’ll be summarizing the text he authored titled “The Psychology Of Human Misjudgement”, where he...
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