And Profit! . . . while everyone else is losing their shirts
If one of your best mates comes to you with a great business idea he thinks will make a ton of money, should you chuck him a few bucks to help him get started?
The short answer is: “Maybe. Maybe not.”
There’s Good News, Bad News—and Even Worse News
If it was right, NOBODY could beat the market. Not even Warren Buffett, George Soros, Carl Icahn, Jim Rogers, Bernard Baruch, or Peter Lynch!
Investment behaviors that made the world’s greatest investors great
If you think you do,
How can Twitter, a company losing money—with unknowable prospects of ever making any—IPO worth some $24 billion dollars and change?
All depends how you define “value.”
If this is what you believe, you’re probably suffering from one (if not all) of the Seven Deadly Investment Sins
Facebook is this season’s “hot stock.”
Any broker lucky enough to have some to sell will tell you that.
But…should you listen?
Warren Buffett became the world’s richest investor by following a very clear and straightforward investment philosophy.
Intriguingly, though, his political convictions, more often than not, contradict the investment principles with which made his fortune.