Money and Finance
- Links
Power Network Draws Rich Families to Chicago Banker Byron Trott [H/T Linc] (LINK) Hell in the Pacific (2001) Documentary (LINK) This was mentioned by Dan Carlin of the Hardcore History podcast in his recent interview with Tim Ferriss (warning: there's...
- John Mauldin: A Gold Standard?
There are times, my friends Michael Lewitt and Dr. Lacy Hunt agreed today at lunch, when the study of economics is best informed by a sound knowledge of history. Indeed, Michael's son wants to follow his father into the finance world, and Michael...
- Burton Malkiel Quote (and Reading History)
Bob Rodriguez has often told the story about meeting Charlie Munger while at USC. He asked Munger what one thing he could do to become a better investment professional, and Munger replied "Read history! Read history! Read history!" Our stated goal at...
- Wsj: Disney, Walton, Ford, Gates: Tales Of When Legends Leave
The founder of a successful corporation steps down. Then what? At Ford Motor Co. and Walt Disney Co., long periods of stagnation or decline, followed by renewal. At Wal-Mart Stores Inc., continued success for a time, then new challenges. Now it is Apple...
- Recent Buy
This morning I picked up 36 more shares of KMI at $34.36. I added to the recent position that I initiated last week. You can check out that post here. The 36 shares will provide an extra $50.40 per year in dividends before future increases or reinvestment....
Money and Finance
Read History
An additional quote from Bob Rodriguez’s recent speech worth posting:
“I met Charlie Munger in my USC graduate school investment class and had the opportunity to ask him this important question, “If I could do one thing to make myself a better investment professional, what would it be? He answered, “Read history! Read history! Read history!” This was among the best pieces of advice I ever received.” -Bob Rodriguez, "CAUTION: DANGER AHEAD"
- Links
Power Network Draws Rich Families to Chicago Banker Byron Trott [H/T Linc] (LINK) Hell in the Pacific (2001) Documentary (LINK) This was mentioned by Dan Carlin of the Hardcore History podcast in his recent interview with Tim Ferriss (warning: there's...
- John Mauldin: A Gold Standard?
There are times, my friends Michael Lewitt and Dr. Lacy Hunt agreed today at lunch, when the study of economics is best informed by a sound knowledge of history. Indeed, Michael's son wants to follow his father into the finance world, and Michael...
- Burton Malkiel Quote (and Reading History)
Bob Rodriguez has often told the story about meeting Charlie Munger while at USC. He asked Munger what one thing he could do to become a better investment professional, and Munger replied "Read history! Read history! Read history!" Our stated goal at...
- Wsj: Disney, Walton, Ford, Gates: Tales Of When Legends Leave
The founder of a successful corporation steps down. Then what? At Ford Motor Co. and Walt Disney Co., long periods of stagnation or decline, followed by renewal. At Wal-Mart Stores Inc., continued success for a time, then new challenges. Now it is Apple...
- Recent Buy
This morning I picked up 36 more shares of KMI at $34.36. I added to the recent position that I initiated last week. You can check out that post here. The 36 shares will provide an extra $50.40 per year in dividends before future increases or reinvestment....