Money and Finance
- Five Good Questions For Gene Hoots
This week, Jake Taylor talked to my friend Gene Hoots about his book Pay Attention to the Thin Cow. Gene is not only a great person with an incredible career, but also one of the most interesting people you could ever meet. So make the video below...
- Links
A lesson or two from the Bill Gross saga, and some wise words in the Gene Hoots' comment "Success is very hard to live with – not least because we tend to believe the stuff that people say about us." (LINK) The latest issue of the Mutual Fund Observer...
- David Epstein On Econtalk
David Epstein, writer for ProPublica and author of The Sports Gene, talks with EconTalk host Russ Roberts about the book. Epstein discusses a number of the ideas in the book including what we have learned about the nature vs. nurture debate, the role...
- Don't Enlist In The 7th Cavalry - By Gene Hoots
Listening to a Park Ranger lecture about Little Bighorn, it struck me that Custer had a lot in common with the investment industry. His story can teach us a lot about the effects of hubris and the myth of “beating the odds.” ......................
- Pay Attention To The Thin Cow – By Gene A. Hoots
I've had the pleasure becoming friends with and getting to know Gene. He has a lifetime of great stories and advice, and I’m looking forward to reading this revised collection of some of his writings over the years. Link to book: Pay Attention...
Money and Finance
The thin cow…
I mentioned Gene Hoots’ book Pay Attention to the Thin Cow a few weeks ago. Below is excerpt from the book, explaining the title.
“My grandfather once asked my uncle Ken, “Why do you pay so little attention to the advice of others?” Kenneth answered, “Because I am the only one that I’m certain is working for me ALL the time.” He was skeptical about advice, experts of every ilk, and especially politicians. No one was more widely liked than my uncle.
He made a living for over sixty years as a farmer and cattle trader. He was a true contrarian. He told me that at cattle auctions, most people buy the fat, slick cattle – they look healthy and prosperous, and they are priced accordingly. He always bought sickly looking, thin cows. He said there was nothing he could do to improve the fat ones, but he had a fair chance of improving the prospects of the thin ones and selling them for a profit. Investors would be well advised to use his approach in searching for stocks.” –Gene Hoots, Pay Attention to the Thin Cow
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Related previous posts:
Pay Attention to the Thin Cow – By Gene A. Hoots
Don't Enlist In the 7th Cavalry - by Gene Hoots
- Five Good Questions For Gene Hoots
This week, Jake Taylor talked to my friend Gene Hoots about his book Pay Attention to the Thin Cow. Gene is not only a great person with an incredible career, but also one of the most interesting people you could ever meet. So make the video below...
- Links
A lesson or two from the Bill Gross saga, and some wise words in the Gene Hoots' comment "Success is very hard to live with – not least because we tend to believe the stuff that people say about us." (LINK) The latest issue of the Mutual Fund Observer...
- David Epstein On Econtalk
David Epstein, writer for ProPublica and author of The Sports Gene, talks with EconTalk host Russ Roberts about the book. Epstein discusses a number of the ideas in the book including what we have learned about the nature vs. nurture debate, the role...
- Don't Enlist In The 7th Cavalry - By Gene Hoots
Listening to a Park Ranger lecture about Little Bighorn, it struck me that Custer had a lot in common with the investment industry. His story can teach us a lot about the effects of hubris and the myth of “beating the odds.” ......................
- Pay Attention To The Thin Cow – By Gene A. Hoots
I've had the pleasure becoming friends with and getting to know Gene. He has a lifetime of great stories and advice, and I’m looking forward to reading this revised collection of some of his writings over the years. Link to book: Pay Attention...