Maybe It’s Not as Easy as it Looks

Well, the day has finally come: It’s now easy to make money in the market. All you have to do is buy what’s been going up. Why …

The Soufflé & The Sledgehammer

Tesla is not a stock we own, but a look at recent news shows just how different our investment approach is from that of speculators and fans of …

The aim of a rational investment strategy is to compound returns in order to build or preserve wealth. No one disagrees with that …

The Index Committee decides which companies should be in the Dow Jones Industrial Average and the S&P 500 Index. Members of the Committee know a …

I can imagine a potential client in Omaha asking something like the following: "A three-part test? Why bother? Why don't you just do what those …

Will we soon have negative interest rates in the United States? This weird, upside-down condition wasn't in economic textbooks and is a challenge …