John D. Rockefeller built the Standard Oil Company into the world's largest corporation, and in the process, he became incredibly wealthy. At one point in 1913, his personal net wealth of $900 million was estimated at 3% of US GDP. Rockefeller was a great business manager, capital allocator, and investor. He regularly used Standard Oil […] Read More
Most active investment managers underperform the market. It's even worse after taxes. But you know that already. So why would you ever invest with an active manager? Read More
Peter Lynch, one of the most successful and well-known investors of all time, once said, "Insiders might sell their shares for any number of reasons, but they buy them for only one:they think the price will rise." In general, a company with high insider ownership suggests the management's confidence in the company and is a […] Read More
In his 1966 Buffett Partnership Letter, Warren Buffett discussed Overdiversifying – The Noah School of Investing. Here's an excerpt from the letter: Q4 2022 hedge fund letters, conferences and more Read More
I will explain what ChatGPT is beyond the headlines, and its capabilities and limitations. I will then share a use case in wealth management and explore whether it will replace human financial advisors. Read More
