There is always something to worry about

Just rediscovered one of my favorite pieces of market wisdom from Oakmark’s Bill Nygren: In case you are tempted to think the past 25 years was a positive “perfect storm” for equity prices (the real Perfect Storm with 100 foot waves off the East Coast did occur in 1991), let’s remember, chronologically, some of the…

OID Interview with Walter Schloss

An old interview in the Outstanding Investors Digest (OID) with Walter and Edwin Schloss. Full of lessons and interesting stories. Interview OID Schloss

Doing Nothing

  “Lethargy bordering on sloth remains the cornerstone of our investment style.” – Warren Buffett A couple of weeks ago I was sitting at the dining table at home, staring at the wall and daydreaming. Faris, my five-year-old son, asked me what I was doing. “I’m not doing anything” I said. “Baba! That’s silly, you…