“I had a considerable passion to get rich. Not because I wanted Ferraris — I wanted the independence. I desperately wanted it. I thought it was undignified to have to send invoices to other people. I don’t know where I got that notion from, but I had it.” ~Charlie Munger, The Snowball, pages 226-227 “Charlie,
Since we are less than a year from the 2020 election I thought this Chart of the Day was relevant especially with self-made billionaire Mike Bloomberg entering the fray on the Democratic side. Stay Tuned, Disciplined & Patient! {TJM} The Investor & Character Equation (ICE) | S + R = O IMPORTANT DISCLOSURE INFORMATION Please
I wanted to wish all of you a wonderful Thanksgiving! One of my other passions outside of my family and investing is lacrosse/personal development. This is a great day to breakdown the meaning of Thanksgiving into two parts: Thanks and Giving. Use today to find Gratitude at every turn. In fact, you should begin to
In my Chart of the Day, I wanted to highlight the divergences even within a specific sector over time. Below are total returns of publicly traded real estate sectors over the past 10 years: Stay Tuned, Disciplined & Patient! {TJM} The Investor & Character Equation (ICE) | S + R = O IMPORTANT DISCLOSURE INFORMATIONPlease
In my Chart of the Day, I compare several areas of the bond spectrum in terms of yield now versus 2018. As you can see, most have yields below their 2018 levels. And since yield are lower, investor are rushing into niche areas of the market, such as Sub-Prime Auto Loans. Stay Tuned, Disciplined &