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Links - 11/29/2023
“Part of that [having uncommon sense], I think, is being able to tune out folly, as distinguished from recognizing wisdom. You’ve got whole categories…
15 hrs ago
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Joe Koster
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Links - 11/29/2023
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Rest in Peace, Charlie Munger
“I am trying to emulate my great-grandfather. When he died, they said about him, ‘Nobody envied the success, so fairly won and wisely used.’” —Charlie…
Nov 29
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Joe Koster
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Rest in Peace, Charlie Munger
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Links - 11/27/2023
“I made my money by selling too soon.” —Bernard Baruch
Nov 28
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Joe Koster
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Links - 11/27/2023
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Weekly Summary
11/24/2023
Nov 24
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Joe Koster
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Weekly Summary
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Links - 11/23/2023
“Rule number one: most things will prove to be cyclical. Rule number two: some of the greatest opportunities for gain and loss come when other people…
Nov 23
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Joe Koster
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Links - 11/23/2023
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Links - 11/21/2023
“The strategy we’ve adopted precludes our following standard diversification dogma. Many pundits would therefore say the strategy must be riskier than…
Nov 22
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Joe Koster
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Links - 11/21/2023
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Links - 11/20/2023
“Why should the immediate opportunity set be the only one considered, when tomorrow’s may well be considerably more fertile than today’s?” – Seth…
Nov 21
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Joe Koster
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Links - 11/20/2023
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Weekly Summary
11/17/2023
Nov 17
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Joe Koster
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Weekly Summary
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Links - 11/16/2023
“It is always easiest to run with the herd; at times, it can take a deep reservoir of courage and conviction to stand apart from it. Yet distancing…
Nov 16
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Joe Koster
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Links - 11/16/2023
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Links - 11/14/2023
“There are no gains without pains.” —Benjamin Franklin
Nov 14
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Joe Koster
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Links - 11/14/2023
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Links - 11/11/2023
“Some argue that holding significant cash is gambling, that being less than fully invested is akin to market timing. But isn’t a yes or no decision the…
Nov 12
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Joe Koster
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Links - 11/11/2023
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Weekly Summary
11/10/2023
Nov 10
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Joe Koster
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Weekly Summary
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