The Semi-Intelligent Investor, Part 3

Value stocks, bless their little hearts, almost never come into vogue. How could they? Who wants to wait around forever for a decent stock to sell at ten times earnings? Who wants to finally buy it and then hold it ‘til hell freezes over before it’s value is recognized by other investors? And then, just when the stock is finally rocketing up, it has to be sold because it’s now too expensive. Hey, where’s the fun in that? read more »

The Semi-Intelligent Investor, Part 2

I began this series of posts by quoting a remark of Benjamin Graham’s that Warren Buffett believed was the wisest sentence ever written about investing: “Investment is most intelligent when it is most businesslike.” read more »

Why We Don’t Take Our Meds, Part 4

Primum non nocere.”(1)

Imagine a random blogger who’s fed up with his doctors because, if they had their way, he would be on nine – count ‘em, nine – powerful drugs.(2) He’s decided to see a new doc and has just met the fellow in the exam room. read more »

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