The Golden Goose Squared

Last week, there were two great posts on the world wide web.  Legacy Moats vs. Reinvestment Moats by Connor Leonard as a guest post at Base Hit Investing and Young Money’s post about the Difficulty […]

Is There a Worm in Apple?

“I’m not entitled to have an opinion unless I can state the arguments against my position better than the people who are in opposition. I think that I am qualified to speak only when I’ve […]

Buffett and Market Forecasting

I enjoy the Reese’s Peanut Butter Eggs.  They are on sale during Easter as are other shapes on different holidays (christmas trees, etc).  Fortunately, I don’t care if I eat them before or after Easter, […]

Charlie Munger and The Cattle Rancher

  One of the audience questions from the Berkshire meeting this past weekend was from a young man whose family owns a cattle ranch.  Below is the dialogue of the Q&A: Rancher: My family runs […]

2015 Annual Letter

A good marketing pitch book for an investment fund will have a clearly defined investment strategy.  Some sort of track record illustrating how this specific strategy has performed well in the past will also be […]

Chess and The Investment Game

I like to play chess.  I am not particularly good at it, but I enjoy it. After my not infrequent losses, the app I play sends me offers to go from Beginner to Chess Master […]