http://www.flickr.com/apps/video/stewart.swf?v=61761 Olivia takes some steps Originally uploaded by dputty123 This is my niece Olivia working on her walking. It’s amazing how quickly big things become little in our daily lives. I walk a lot, every day, but I know that … Continue reading
SUCCESSFUL inventors, entrepreneurs and writers say they are often asked where their big ideas came from. They will acknowledge that serendipity often plays a role. But equally as important, they say, is having an open mind — especially in tumultuous … Continue reading
SUCCESSFUL inventors, entrepreneurs and writers say they are often asked where their big ideas came from. They will acknowledge that serendipity often plays a role. But equally as important, they say, is having an open mind — especially in tumultuous … Continue reading
Munger: “The whole secret of successful investing [full-timers] is non-diversification. If you know nothing –> diversity.” Buffett: “There are situations, for the full-time investor, where it’d be a mistake not to invest 50% of your net worth in one business.” … Continue reading
Munger: “The whole secret of successful investing [full-timers] is non-diversification. If you know nothing –> diversity.” Buffett: “There are situations, for the full-time investor, where it’d be a mistake not to invest 50% of your net worth in one business.” … Continue reading
A simple yet powerful Op-Ed from Buffett: “A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful. And most certainly, fear is now widespread, gripping even seasoned investors.” Check it out … Continue reading
“Tough times call for tough calls”…I really agree with everything Fred says in this post. I don’t really like to discuss politics too much simply because it never is a rational conversation. It seems to me most people are very … Continue reading
Warren Buffett spent an hour with Charlie Rose yesterday. I highly recommend anyone interested in getting a better understanding of the current situation to watch this (along with some discussion on taxes, past bubbles). Buffett really has a way of … Continue reading
One thing I’ve learned over the last year is that you should never rely on magazine articles or ceo’s or (especially) wall street analysts for your stock picks. Question everything. Never take these articles or analysts recommendations at their word. … Continue reading