The Inevitables

Value investors tend to shy away from technology companies.  There are typically two primary reasons for this.  First, technology can sometimes be difficult to understand.  For example, Nvidia is a technology company that designs graphic processing units.  These units...

Apple’s Key Competitive Advantage

We can’t compete head to head with Apple. There is a branding issue: Apple is premium…” –a high-level source at Lab126, Amazon’s code name for its Fire Phone project The above quote is taken from an excellent Fast Company article which I’d encourage you to read. It is...

The Most Important Thing

The Most Important Thing: Howard Marks wrote a book entitled, The Most Important Thing.  I like the book, sincerely, I do.  There are a lot of chapters with a lot of important things, but I find it odd that he didn’t discuss the most important thing about investing in...