“What the wise man does in the beginning, the fool does in the end.” Some say Warren Buffett said it first. But Warren says he pulled it from an “old story.” Who knows? What Does It Mean? The statement is especially true in investing. A “wise man” makes smart moves, presumably. …

The investing performance goal of Oak Tree Capital is amazingly simple. Co-founder Howard Marks states: I feel strongly that attempting to achieve a superior long term record by stringing together a run of top-decile years is unlikely to succeed. …

The stock market is a device for transferring money from the impatient to the patient. Warren Buffett I plan on selling my Amazon stock starting in 2045. A bit more in 2046, then 2047, and so on. The same goes for my Alphabet shares, my Tesla shares, and every other…

This article originally appeared on The Best Interest. I have a few basic writing tenets here at The Best Interest. I don’t write to appease Google’s algorithms. I write for humans, not robots. I prefer to avoid gimmicky listicles (“37 Reasons Your Car is Bleeding You Dry!”) If a topic…

This article originally appeared on The Best Interest. The Danish physicist and Nobel prize winner Niels Bohr once said, Prediction is very difficult. Especially if it’s about the future. Niels Bohr It’s a quantum physics joke! But Niels might as well be an investor. …

When I talk to new investors, I get questions like: What stock will go up 100% next year? I need to 10x my money this decade — how should I do it? I’m 32, just started investing, and want to retire by 40. What’s my next step? These investors are…

I came across this chart two weeks ago and I stopped in my tracks. My first thought: “Whoa.” My second thought: “Is that actually right?” The chart is attempting to illustrate how the stock market has experienced multi-decade periods of zero return over its history. Note: “real” (as in S&P…

Angela Merkel is one of the most respected politicians of the 21st century. She served as Germany’s chancellor (i.e. their President) for 16 years. She was widely considered the de facto leader of the European Union and the most powerful woman in the world. Her background isn’t in law or…

Friend-of-the-blog Brendon reached out to me this week for financial help. He’s done so much good in his life. He’s 45, a father, a leader, an all-around great person. I bet you know a person just like him. But on the financial front, he feels like he dropped the ball. …