When people think of the juxtaposition of words like “rational” and “market”, they often will think of Keynes’ “the market can stay irrational longer than you can stay solvent“ or Greenspan’s “irrational exuberance.” However, the mere discussion of the circumstantial irrationality of the stock market can, so it seems to me, tend to be misleading […]
“Depth.” That is the single word sentence that so flatteringly opens that author’s review of this website. However, hidden deep within that depth and ensuing description, so deep in fact that we must listen hard in order to expose it, lies something just as spectacular if not more so spectacular because of its veil: the […]
Today is the 71st day since I bought the first stock and started this blog. The total yield, after a huge gain from Aluminum Corporation of China Limited (ACH) was taken today, was pushed decidedly past the first benchmark of 27.52%—the average yearly yield of Warren Buffett. It’s now 33.24%.
Theoretically, were I more conservative […]
When remarking about this blog, elsewhere on the Internet, I often say that this is the thinking man’s portal to the world of investment. That summary indicates something important about what it is I am trying to do, namely, to address what I think is a neglected sphere of insight regarding the world of investment. […]
I want to clarify a distinction. Hoping a stock will go up is speculation. Knowing a stock will go up is smart investing. Speculation is gambling. When I read other blogs and articles I often read about the sensation felt while stock trading—something like, “that felt good, almost like gambling.” That sensation is our encounter […]
I was on Technorati the other day and I noticed that Dennis Goedegebuure at the Moneydiet blog mentioned my blog in a post titled Investing like Warren Buffett. At first I have to admit that I was flattered to have received unanticipated attention. I have thanked him for taking the time to mention my work […]
Have you ever noticed how it’s just not fun anymore to be smug? Suddenly, right when you were having fun, you’re a jerk. But what if it’s two smug people each eyeing the other before eyeing the object of their joke? Now it’s amusing again. Lesson: a non-smug thinks a smug a slug, but a […]
I decided I better write something about the chart at the top of my blog before some prudent reader of mine points out that the completed stock trades I’ve recently begun posting near the top don’t seem to correspond to the erratic line of that chart. I’ve been fortunate enough as of the time of […]
In times like these, one predominating mantra consistently being sung, hummed and I bet by someone even whistled, is the benefits from investment diversification. While most people stare hopelessly at their losses feeling the sinking sensation that they made a big mistake and wonder just how much pain they can withstand before sending their whole […]
Now, finally, we can beautify the ugly; here is the place where magnificent swans are born. Our “swan” is that which we, as investors, as thinkers, have in common. It is at the same time that which we can both scorn and affirm. It is the glory in death that the courageous soldier both fears […]