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 # 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 # 29 – The Bear
COVID-19 pulled a bear market out of hibernation and humanity took its place.
Scorecard #8 – Unconventional Wisdom
… Cisco Systems is the world leader in the design, manufacture and sale of high-performance networking equipment for the Internet. Their products are ubiquitous and most often the industry standard. In an era of increasing usage of smartphones, tablets, and connected devices (the “Internet of Everything”) data transfer and consumption should continue to increase exponentially.
Scorecard #5 – Birdy Num Nums
… Markets will forever continue to oscillate between the extremes of panic and greed. The common thread is that at both extremes, most people ignore valuations to their peril and become transfixed with stock price movements. It has happened for centuries and will continue to as it is simply in our nature.
Scorecard #3 – Mr. Market and The Path Less Traveled
… Another key success factor in investing is being able to come to your own conclusions based on thorough research, hard work and proper reasoning. Conventional wisdom is often but not always correct. The difference is important.