by John Huber | Jul 6, 2018 | Ideas, Investment Theory
For the first time since the correction in the stock market in February, I am getting interested in a few investment ideas. A few of the ideas are in unexciting companies (unexciting in the sense that they are well-known and have been discussed plenty of times before…...
by Matt Brice | Jun 22, 2018 | Investment Journal, Investment Theory
Bad Blood is a great book. It's a fast read, it's interesting and you should read it. I want to only discuss one aspect of investing with regards to my takeaways from this book. In November of 2006, Theranos raised money at a valuation of $165m. Approximately 8...
by Matt Brice | Jun 15, 2018 | Investment Journal, Investment Theory
“I never allow myself to have an opinion on anything that I don't know the other side's argument better than they do.”— Charlie Munger “We all are learning, modifying, or destroying ideas all the time. Rapid destruction of your ideas when the time is right is one of...
by John Huber | Jun 2, 2018 | Buffett Letter Series, Investment Journal, Investment Theory
One of the great things about investing is the passive aspect of owning great businesses: they do a lot of work for you. They are very low maintenance, and their value increases as time goes on. This can be a blessing and a curse for investors. It can also be a...
by Matt Brice | May 18, 2018 | Investment Theory
Imagine you are an airplane inspector for the FAA. You job is to certify the flight-worthiness of a plane. You check the planes annually and certify that they are flight-worthy until the next inspection. This particular day you happen to be flying in the plane you...
by Matt Brice | May 11, 2018 | Investment Theory
When Buffett first started out, he had a true information advantage. Other investors just didn't know that Sanborn Map had an investment portfolio worth more than the entire market valuation of the company. This was an incredible opportunity and he took advantage of...
