In a recent Barron’s interview, Ray Dalio discusses financial deleveraging and makes an interesting point about the relationship between nominal interest rates and nominal...
“Trees grow” is an adage that has stuck with me over the past several years.
In a post financial crisis interview, a successful investment manager was talking about his decision to load-up on Citigroup and a handful of other banks in early 2009 when the decision to do so was difficult to say the least.
The manager referenced a professor who shared the trees grow saying with him, and he emphasized the impact that the idea had on his decision to build and maintain significant long positions in banks and other financial services stocks when everyone else was certain the world was coming to an end.
The trees grow idea involves considering fundamental qualities of things—whether trees, people or businesses.
Growing is what trees do—it is...
The Wall Street Journal recently published an interview (see the video below) with entrepreneur and Dallas Mavericks owner Mark Cuban.
The interview is interesting for a number of reasons. Cuban talks about investing his own money and he offers some suggestions for regular, non high net worth investors.
In a nutshell, Cuban strongly believes that the “buy and hold” approach to investing is a worthless strategy.
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It is the afternoon (markets are closed) of August 9 2011, and millions of retail investors around the world must be asking themselves whether they can continue to stomach the gut-wrenching capital market...
