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Sunday, March 26, 2023

Lessons From The Best Capital Allocator

Lessons From The Best Capital Allocator

Warren Buffett is widely considered to be the best investor that ever lived. However, while the Oracle of Omaha does have an excellent track record of picking investments, his skill at allocating capital has been arguably more important to his and Berkshire Hathaway's success over the long run. Effective capital allocation is a skill every […] Read More

How the Free Market Handles Monopoly

In the president's recent State of the Union address he called for "bipartisan legislation to strengthen antitrust enforcement." For those who aren't policy wonks, antitrust law is the law that attempts to prevent the creation of monopolies and cartels. Read More

Michael Mauboussin: Investors Should Always Compare Opportunities With Appropriate References

During his recent interview with Tim Ferriss, Michael Mauboussin explained why investors should always consider comparing opportunities with appropriate references. Here's an excerpt from the interview: Q4 2022 hedge fund letters, conferences and more Read More

Four Key Questions to Ask Before Making a Hedge Fund Investment

If you are thinking of investing in hedge funds, you're likely spending a fair amount of time understanding the different investment strategies and their associated risk/return characteristics. While this is essential to your decision-making process, it is equally important to understand the operations and underlying economics of a fund – the associated fees and expenses […] Read More

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