Category Archives: Random

Doesn’t Anyone Ask Why Do “they” Need My Money?

Last week I saw possibly the most infuriating show I have ever seen on CNBC called “Money Talks.”  It is about the owner of a sports gambling consultant business. The owner Steve Stevens (obviously not his real name) claims to be a 20 year sports handicapper winning somewhere between 60% and 71.5% of his bets.… Continue Reading

There are Amazing Investment Lessons in Warren Buffett’s Shareholder Letters Part One

When I finished Warren Buffet’s authorized biography The Snowball: Warren Buffett and the Business of Life last month I knew I wasn’t done delving into all that is Buffett.  I immediately downloaded all of his shareholder letters.  If you are new to Buffett (beyond reading what other’s think he is thinking on investment sites) I… Continue Reading

Actual Proof You Need to Stop Buying Material Shit

I was dumbfounded by a recent CNBC Chart of the Day titled “From $400K Macs to $23k iPods.”  The article provides how much an investment in Apple would be worth if you had bought the stock at the time for the price of that new gadget: Of course you could always argue what if you… Continue Reading

Reviewing how Kiplinger’s Stock Picks for 2013 Performed

I always hated those articles that take a moment in time and provide the reader with the “best” stocks using just a paragraph of justification. They don’t seem to make any sense to me, but I am sure they sell magazines. Every year or so I take a look at the list and actually call… Continue Reading

Could You Even Imagine Living During the Great Depression?

I just recently started reading The Snowball a Warren Buffet biography by Alice Schroeder, and being that the oracle of Omaha was born around the era of the Great Depression it invariably comes up as a topic.   I am not that deep into the book but interestingly enough Warren’s parents actually seemed to have continue to prosper… Continue Reading