Warren Buffett’s long-time investing partner and billionaire investor Charlie Munger passed away at age 99, a month shy of his 100th birthday. He was a great teacher and a lot of us here in one form or another have been one of his students either directly or indirectly. Munger is one of my inspirations minus the fancy business school jargon….
Nothing goes on forever in the markets
There are no “gurus” out there. The best of us are still mere mortals. We all see the same things. We just all interpret differently. Nothing goes on forever in the markets. All we want to do is how to invest by avoiding excessive risks and calculating the probabilities of various outcomes. Ouch! A dose…
Weekly breakfast
Hip. hip, hooray! Stock prices continue to rise, making November one of the best months for Wall Street. Retail investors net bought USD4.8B of cash equities, the highest weekly inflow recorded since April 2022. For the week, the S&P 500 advanced +1% and the Nasdaq Composite tracked +0.89% higher. The S&P 500 is up over…
More bullish than others
Should I just keep regurgitating a lot of things that I have been spewing on and off here? The year is slowly drawing to a close. Some of my clients and partners are even more quickly disappearing off on holiday – how lucky. I have started working on my New Year letter (packed with “wild…
Can oil do better in 2024?
Oil prices have cooled a bit in recent months so can the black gold do better or not going into 2024? We can never be sure. The market can take you for a ride sometimes. We have a trading exposure to oil for certain positions. I see the oil market in the middle of a…