16 July 2019
“The first rule of compounding is to never interrupt it unnecessarily.”
- Charlie Munger.
10 July 2019
In volatile markets, where both information flow and the inventory of investor intelligence amassed between market participants are wildly asymmetrical, investors should avoid giving undue attention to the media’s wholly subjective (and possibly conflicted) interpretation.
3 July 2019
“The problem is not so much to see what nobody has yet seen, as to think what nobody has yet thought concerning that which everybody sees.”
- Arthur Schopenhauer.
Markets and the meaning of life