Save, build wealth and attain financial independence
Focus on the important and knowable, and maintain rational
Acquire the knowledge, develop the right habits and the right temperament
For idea to be practical, the analysis must be complete, accurate and insightful.
We only publish ideas and analyses that we ourselves find useful in investing our money. We take our own advice and put our money behind it.
For advice to be useful, it must work. We measure the outcomes of our ideas and report to your truthfully and transparently.
US economy has simply worked. The market system combined with human ingenuity, rule of law and relentless entrepreneurial spirit have produced prosperity and staggering wealth.
The American dynamism will continue to deliver increasing wealth far into the future. Yes, the build-up of wealth will be interrupted for short periods from time to time. However, the long-term trajectory remains as intact as ever.
Right company, at the right price. Get notified when Mr Market offers quality companies at prices with adequate Margin of Safety.
Building a portfolio of companies with durable competitive advantage for long-term capital appreciation.
Education for everyday investors and musings on companies, markets and other investing subjects.
“An investment operation is one which, upon thorough analysis, promises safety of principal and an adequate return”
“Charlie and I look for companies that have a business we understand; favorable long-term economics; able and trustworthy management; and a sensible price tag.”
“I constantly see people rise in life who are not the smartest, sometimes not even the most diligent, but they are learning machines. They go to bed every night a little wiser than they were when they got up and boy does that help, particularly when you have a long run ahead of you.”
“The index fund is a sensible, serviceable method for obtaining the market’s rate of return with absolutely no effort and minimal expense. Index funds eliminate the risks of individual stocks, market sectors and manager selection, leaving only stock market risk.”