Blog

The Great Brexit Hoax

After the 2008-2009 financial crisis, some people in the UK thought that it couldn't get that bad again. They were wrong. London is learning the hard way that tough times can return sooner than anyone thought. I mean that sympathetically, as I lived in London for 4...

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The Balanced Optimist’s Guide to 2017

What exactly is a balanced optimist? It's someone who tends to be optimistic, but knows that bad things can happen and prepares for it. This is me, and this is my balanced optimists guide to 2017 and onwards. Every year, Bloomberg publishes a Pessimist's Guide to the...

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GuruFocus 21 Questions Interview

I was recently interviewed by PJ Pahygiannis for the GuruFocus 21 Questions format. You can see the original text at this link. I'm re-posting here for our own blog followers. *** 1. How and why did you get started investing? What is your background? Some of my...

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WordCamp Bucharest 2016

While attending WordCamp Bucharest I took time to enjoy some tourist attractions in the city. The communist/capitalist contrast was fascinating, and I took this photo as an example of it. The building in the background is the former Communist headquarters. In the...

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How to Use a Stock Screener

There are thousands of companies on the public markets. So the natural starting point for stock investors is usually a stock screener. It boils down to finding companies that meet whatever criteria you are looking for. Although using a screener is easy, it poses two...

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How to Take Advantage of Brexit

Brexit is not the end of Britain or Europe. Neither is disintegrating. Not now, and not in the future. A lot of what is being reported in the media right now, cannot be relied upon. Remember that all news is biased. In the long-run, both Britain and Europe will still...

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Lessons from Buffett’s Letters – 1991

What do active traders and pick-up artists have in common? They both focus on the short-term, but wished they had something for the long-term. You might not think it when you talk to them, but it's true. Every letter by Buffett comments on how important a long-term...

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Lessons from Buffett’s Letters – 1990

Things haven't changed much since 1990, when Buffett wrote about accounting shenanigans. "The term "earnings" has a precise ring to it. And when an earnings figure is accompanied by an unqualified auditor's certificate, a naive reader might think it comparable in...

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3 Reasons We Now Offer Membership

In Summer of last year I announced my plan to build the system I wanted for myself and others, the StockCanvas. While working on it, I listened to lots of feedback from everyone I talked to about it. The questions and suggestions I got were valuable. Here's a sample:...

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Leveling Up Our Website Security

Following up on an important post about our website security, we've now chosen an SSL Certificate provider, Comodo. This will make our website even more secure, and will help to protect our website members. Shortly we'll write about why we're developing this site into...

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Happy Holidays 2015-2016

We've made a lot of progress this year, and we hope you have too. To all our readers, subscribers, business partners and friends, Happy Holidays! We appreciate your support, partnership and friendship. And we look forward to working with you next year. If there's...

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Lessons from Buffett’s Letters – 1989

Itching to make use of cash is not something that Buffett normally feels. He waits for better opportunities. As he explains early in the 1989 letter... "In the rest of the year we had a fairly goodsized cash position and even so chose not to engage in arbitrage. The...

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How We Protect Our Website

A week ago, somebody tried to hack the administrator login for this site. Fortunately, we were already on the ‘prevention’ side of the ‘prevention is better than cure’ motto. This is thanks to a presentation I saw last year by Tony Perez from Sucuri. I learned some...

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Lessons from Buffett’s Letters – 1988

All of Buffett's letter are heavy on praise for the people who work for Berkshire. The 1988 letter seems to be especially full of praise, so it's worth thinking about why this is. We know that he trained in a Dale Carnegie program when he was younger, and it may come...

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How Charts Can Help Fundamental Investors

Is there any reason why a fundamental investor should look at price and volume charts? I believe there is. Fundamental analysis is imperfect. It has some weaknesses and I believe we should look for ways to fill those gaps. First, let's take a look at technical...

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Why Do Outstanding Investors Meditate?

I'm not a New Age person, but I do believe in keeping an open mind. So these two articles on the CFA Institute Blog intrigued me: The Importance of Meditation for Investment Professionals Leading from the Center: Dalio, Hagan, and Freeman on Meditation and Leadership...

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Lessons from Buffett’s Letters – 1987

At the time I'm writing this, there is turmoil in the world markets. In this letter, Buffett focuses on discipline and emotional control. Although written in 1987, it's just as relevant today. Starting with the companies he already fully- or partly-owned: "There's not...

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