Search Results for: secret to investing

Marry Rich!

I researched scams, frauds and penny dreadfuls (penny stocks) many moons ago, so I am on every scam list. Periodically, I will share some of the better con jobs so as to refresh ourselves with the psychology of sociopaths and … Continue reading

Dare to be Great! Position-Sizing.

  So you can get very remarkable investment results if you think more like a winning pari-mutuel player. Just think of it as a heavy odds against game full of craziness with an occasional mispriced something or other. And you’re … Continue reading

Reading for this weekend

Bubble Watch GMO_QtlyLetter_1Q14_FullVersion Momentum Stocks Crushed http://www.acting-man.com/?p=30382#more-30382 Buffett Notes http://covestreetcapital.com/Blog/?p=1173    Icahn slams Buffett on his cowardice. Warren-Buffett-Katharine-Graham-Letter on Pensions 1975 Warren-Buffett-Florida-Speech Buffett1984Retail Stores and Clean Surplus Berkshire_Hathaway_annual_meeting_notes_5-3-2014 20140424_CNBC_Transcript__Legendary_Investor_Warren_Buffett_Speaks_with_Becky_Quick BRK_annual_letter-2014 Have_Researchers_Uncovered_Buffetts_Secret 20140224_Preview_of_Buffett’s_annual_letter__Learn_from_my_real_estate_investments And in case of Buffett overdose: Crony Capitalist Resource Stocks: Rules … Continue reading

Embracing Failure and Getting Obliterated in the Stock Market

“Money, again, has often been a cause of the delusion of the multitudes. Sober nations have all at once become desperate gamblers, and risked almost their existence upon the turn of a piece of paper.” —Charles Mackay You can’t learn … Continue reading

Wal-Mart Case Study Part 3

Part 3:Valuation of WMT, Part 2:  http://wp.me/p2OaYY-2nB and Part 1:  http://wp.me/p2OaYY-2np Stock Splits Wal-Mart Stores, Inc. was incorporated on Oct. 31, 1969. On Oct. 1, 1970, Walmart offered 300,000 shares of its common stock to the public at a price of … Continue reading

Anniversary Day for the April Gold Massacre

The paradox in investing hinges on the tension between having both the strength of one’s convictions and the intellectual flexibility necessary to admit, relatively quickly, when one is wrong.–Unknown In the absence of the gold standard, there is no way … Continue reading

Part 2: Analyzing a Gold Mining Company–Initial Steps

Mark Twain: “A mine is a hole in the ground with a liar standing next to it.”  Initial Steps We first have to understand the product/market of our gold company. Gold companies produce gold and silver which is money. What … Continue reading

Looking At Bottoms; Gold Stocks

No, not these…..       I mean these……….. (Thanks to http://www.classicvalueinvestors.com/ The table below is meant to highlight the HUGE price ranges of the micro-cap junior precious metals sector. I tend to avoid or make allowance for some of these … Continue reading

Does Technical Analysis Help?

Note the Head & Shoulder Pattern Above and the negative divergence. http://macromon.wordpress.com/2012/08/29/picture-of-the-day-technical-analysis/ A Reader Asks: I was wondering, you seem to use a little bit of technical analysis in your work, like in the annual letter you recently sent out.  I’m a buy-at-a-cheap-price … Continue reading

Hey, Joe!

  Hey Joe by Pining 4 the Fjords                                      December 23, 2013 This essay was inspired by a deceptively simple question: At what point will people decide they have had enough? By this, I mean at what point will a … Continue reading