Ouch! I had breakfast with a broker who told me about a friend who invested it all into one stock and then got absolutely hammered even in a bull market. Never mind. Last week was a volatile week for investors but it ended on a bright note. Markets saw a slight pickup in volatility and…
There is a lot to love here
It is time to show off! These days words like “AI” and “robotics” are thrown around by executives of companies to attract the attention of investors. Indeed, the AI era is a transformative force with the potential to reshape industries and societies on a global scale. The growing preference for automation over human labor is…
Short-term pain, long-term gain
The late Charlie Munger, Warren Buffett’s longtime investment partner, steadfastly endorsed Chinese investments despite the economic challenges faced by China. In a 2023 interview, Munger expressed his confidence, stating, “the Chinese economy holds more promising prospects for the next two decades than almost any other major economy.” Munger and Buffett have consistently been at the…
Back to school
Over the last couple of weeks, I have presented at several private meetings for investors and urged them to think outside the mainstream. No obligation and lengthy sales pitch. With each session triggering a flood of requests for additional meetings. The adage that investing isn’t easy always seems to pop up from time to time…
Bitcoin anyone?
When asking investment professionals about their decision not to invest in Bitcoin, a consistent response emerges. They express a reluctance to purchase something they do not fully comprehend. The hesitation stems from a perceived lack of understanding regarding Bitcoin as it lacks a determinable fundamental value. They find it challenging to elucidate the reasons behind…