Algorithms and Second Guessing the Process
An algorithm is simply a set of rules or a process to automate decisions. It can be highly complex or as simple…
Author Novel Investor
Lessons from Carret’s The Art of Speculation
Every investor is speculating at some level. That’s Philip Carret’s argument in The Art of Speculation and he’s right. Rarely does an…
Buffett on Investing vs. Gambling
Warren Buffett recently sat with CNBC for an interview. The Q&A gives Buffett a chance to elaborate on topics he touched upon…
Lessons From a Senator: How Experience Shapes Investing Decisions
In 1955, the Senate Committee on Banking and Currency decided a stock market study was in order. The big concern was whether…
Howard Marks: Lessons from a Crisis
The best lessons are about learning what not to do. Great investors like Buffett and Klarman and others drill home the point…