August 18, 2023
The Contradiction at the Core of the Stock Market
There is a contradiction at the core of the stock market that makes investing at once simple and endlessly vexing:
May 23, 2022
Invest Smarter - Avoiding Common Behavioral Biases
A silver lining of the kind of market volatility we've experienced thus far in 2022 is that it can serve as a sobering reminder to revisit your …
November 29, 2019
Beyond Cloud Computing: Why We’re Watching This Digital Trend
Editor’s note: This piece was originally published in November 2019. It has been lightly edited and updated as of July 2023. In a letter to …
July 05, 2019
The Portfolio Management Marathon
Type “investing is a marathon, not a sprint” into Google’s search bar, and you’ll get about 743,000 results.
December 18, 2018
The Short Story on Our Shorts
We strive to own a portfolio of leading companies that will grow in value the more we let them alone—even as we, of course, watch our businesses …
December 18, 2018
The Long and Short of our Stocks
Every investment manager will tell you that they buy exceptional companies that have competitive advantages. Even we say it. But without additional …