The Investments Blog

A collection of quotes said or written at some point during this calendar year. "A light-weight vehicle with a small carbon footprint...

Here is a good post summarizing some of the many forms of behavioral bias. The biases covered include: Overconfidence Hindsight Bias L...

Warren Buffett wrote the following in the 1996 Berkshire Hathaway (BRKa)  shareholder letter : Of course, Charlie and I can identify only ...

Charlie Munger has been Chairman of The Daily Journal ( DJCO ) since 1977 and his legal firm controls 41% of the company. It is thinly trad...

"...we have this huge amount of investors in the market or, rent-a-stock, stock-renters in the market compared to stock owners." -...

Here is an update of stocks I like* for my own portfolio at the right price. Those under the dashed line are businesses I like but prevail...

Airlines have had a fairly brutal half century or so. It has just been a difficult business to be in for a whole bunch of reasons. Here ar...

A little less than 10 years ago AOL's market value was, unbelievably, over $ 160 billion. Once combined with Time Warner the market valu...

The following are excerpts from Charlie Munger's Turning $ 2 Million into $ 2 Trillion . It is 1884 in Atlanta. You are brought, along...

One of the great global franchise businesses is McDonald's ( MCD ). Yesterday, they reported some disappointing same store sales resul...