On the heels of Warren Buffett’s annual letter release, I wanted to highlight an interesting fact. Warren Buffett has underperformed the S&P 500 by 30% over rolling 1-year time periods 5 times! Yes – you read that correctly. Even the best underperform. I call it ‘The Three Guarantees In Life: Death, Taxes & Manager Underperformance.’
This chart at the end of Vanguards 2018 Outlook dovetails perfectly into my Investor + Character Equation of S + R = O. Vanguard also realized that their 35 page outlook will not have nearly the same effect on your long-term goals as the following items that investors control: Saving More Working Longer Spending Less
$12 Billion That’s how much NBC paid for the rights to broadcast the Olympics from 2014 through 2032. That enormous investment is doing fine, but a ratings slide may be making some at Comcast a little skittish. Viewership of the Pyeongchang games was down 24 percent compared to Sochi in the key 18-49 demo. 82%
This is my Chart of the Day: As we mentioned previously Warren Buffett is bullish…on America. He should have added…bullish on America over the long-term. Because in the near-term his favorite valuation metric (shown above) is not showing much value in the US stock market. Stay Tuned, Disciplined & Patient! {TJM} The Investor &
Warren Buffett’s Berkshire Hathaway annual letter was released on Saturday. I am going to be highlighting certain sections for my readers throughout the next few weeks. While he didn’t touch upon in detail his succession plan, it was his shortest missive in nearly two decades. In just a few sentences he highlights three important long-term