Investing Wisdom Series 6: Tenets of Warren Buffett Way [3 Mins]

January 6, 2019

Business Tenets: Is the business simple and understandable? Does the business have a consistent operating history? Does the business have favorable long-term prospects? Management Tenets: Is management rational? Is management candid with its shareholders? Does management resist the institutional imperative? Financial Tenets: Focus on return on equity, not earnings per share Calculate “owner earnings” Look … More Investing Wisdom Series 6: Tenets of Warren Buffett Way [3 Mins]

Investing Wisdom Series 5: Lessons from Ben Grahman [5 Mins]

December 30, 2018

“If you are shopping for common stocks, chose them the way you would buy groceries, not the way you would buy perfume.” “Obvious prospects for physical growth in a business do not translate into obvious profits for investors.” “Most businesses change in character and quality over the years, sometimes for the better, perhaps more often … More Investing Wisdom Series 5: Lessons from Ben Grahman [5 Mins]