Scorecard # 45 – Bedtime Stories
“If math were the only thing that mattered, AI would be a threat to [us]. But the math is the easy part. Besides, we have an unfair advantage: our parents read us bedtime stories as children…
Scorecard # 44 – Farewell, Charlie
… nobody has ever accused me of being humble. Although humility is a trait I much admire, I don’t think I quite got my full share.” Charlie Munger
Scorecard # 43 – Quarter Century
We don’t mind the current market environment as we are finding new places to put capital…
Scorecard # 42 – Skinny Pop
Index returns are discussed ad nauseam but rarely analyzed. The current market rally has been a narrow one and merits a deeper dive.
Scorecard # 41 – Banking’s Endgame
“Investors are on edge. Rapid interest rate increases are creating stresses in the banking sector… “
Scorecard # 40 – Reversals of Fortune
“There are a million ways to get wealthy… but there’s only one way to stay wealthy: some combination of frugality and paranoia”
Scorecard # 39 – Get a Grip
As the Oracle of Omaha himself so aptly put it, value investing is simple, but not easy
Scorecard # 38 – Funiculì, Funiculà
Funiculì, Funiculà The Value Fund is down -9.2% year-to-date (YTD), 
Scorecard # 37 – The Golden Rule
“Buy quality companies when they are on sale. Avoid leverage, folly and big mistakes that set you back. It is simple, but not easy.”
