Your Best One-Two Punch
For my money the best balanced fund combination is a 50/50 mix of Vanguard Wellesley and Wellington. For clients I prefer a mix of...
The Only Stocks We Buy
You read last week about putting margin of safety to work in your portfolio. I told you about three strategies we use to pick...
Words from the Wise
Richard Russell's timeless Rich Man, Poor Man has been there for me when I needed some perspective. I hope it will do the same...
The Investment Idea that made Warren Buffett Billions
Last week E.J. posted part I in his series on Benjamin Graham’s The Intelligent Investor. You may have heard this from us before, but it is...
Who’s the Sucker?
This story doesn't have a happy ending. You see this often in the late stages of a bull market. After missing the bulk of...
The Intelligent Investor: Part III
“It is surprising how little attention has been paid by economists and by Wall Street to this development. The debt of corporations has expanded...
The Biggest Buyer of Stocks
"Stockholders as a class are king. Acting as a majority they can hire and fire managements and bend them completely to their will." -...
The Global Imperative
Check out this chart on oil demand. The black line shows oil consumption of major developed markets. This is basically the U.S., Japan, and...
Mission Paris
Last week I told you about The Best Table in Newport. After TSK, Chad Hoffer and Tyler Burnley felt Newport needed a good burger joint so...
The Intelligent Investor: Part II
“You Can Observe a Lot Just by Watching”—Yogi Berra
You may recall the summer of 1963 when The Beach Boys’ Surfin U.S.A hit #3 on...