Warren Buffett’s Annual Shareholder Letter

Warren Buffett just released his annual (2016) Berkshire Hathaway shareholder letter over the weekend. You can find it here along with all of his annual shareholder letters dating back to 1977. I have read all of them. I recommend reading each of them because in addition to learning something about accounting, economics, finance, or tax, …

Investing and Savings Activity

I have not really discussed my investing and savings activity since the beginning of 2017 so I thought I would dedicate this post to that. Saving At the beginning of each year, my wife and I set savings goals for the year. We usually do an update at mid-year to adjust our goals if there …

Does Buy and Hold Investing Work?

I think the hardest way to invest is buy and hold. It might not seem that hard because you just buy a stock or a piece of real estate and let the income roll in for years on end. No need to worry about selling. I say it is the hardest though because of the …

One of the Greatest Value Investors of All Time Weighs in on Trump and the Current State of the Stock Market

Seth Klarman manages Baupost, a hedge fund based on Boston. The fund has assets of about $30 billion under management. Klarman is a relatively low-key fund manager who rarely speaks out. Don't let this fool you though. He is one of the greatest value investors of all time. Warren Buffett has publicly praised Klarman and …