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Links - 07/12/2025
“Investing is a popularity contest, and the most dangerous thing is to buy something at the peak of its popularity. At that point, all favorable facts…
15 mins ago
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Joe Koster
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Links - 07/12/2025
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Weekly Summary
07/11/2025
Jul 11
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Joe Koster
4
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Links - 07/10/2025
“I recommend you to take care of the minutes, for the hours will take care of themselves.” —Lord Chesterfield
Jul 10
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Joe Koster
1
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Links - 07/10/2025
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Links - 07/09/2025
“You must be diversified enough to survive bad times or bad luck so that skill and good process can have the chance to pay off over the long term…
Jul 10
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Joe Koster
6
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Links - 07/09/2025
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Links - 07/08/2025
“Risk means the chance of being wrong — not always in an adverse direction, but always in a direction different from what we expected.” —Peter L…
Jul 8
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Joe Koster
1
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Links - 07/08/2025
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Links - 07/07/2025
“Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results.” —Warren Buffett
Jul 7
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Joe Koster
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Links - 07/07/2025
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Weekly Summary
07/04/2025
Jul 4
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Joe Koster
2
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Links - 07/03/2025
“The riskiest things: When buyers compete to put large amounts of capital to work in a market, prices are bid up relative to value, prospective returns…
Jul 3
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Joe Koster
1
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Links - 07/03/2025
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Links - 07/02/2025
“Genius, that power which dazzles mortal eyes, is oft but perseverance in disguise.” —Henry Austin
Jul 2
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Joe Koster
5
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Links - 07/02/2025
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June 2025
Links - 06/30/2025
“The function of the margin of safety is, in essence, that of rendering unnecessary an accurate estimate of the future. If the margin is a large one…
Jun 30
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Joe Koster
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Links - 06/30/2025
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Weekly Summary
06/27/2025
Jun 27
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Joe Koster
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Links - 06/26/2025
“Character is like a tree, and reputation like its shadow. The shadow is what we think of it; the tree is the real thing.” —Abraham Lincoln
Jun 26
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Joe Koster
4
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Links - 06/26/2025
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