Investing Basics

The stock market is a lot like high school. You have the super popular group (tech stocks, social media IPOs, commodity stocks) that runs the place for the time being. Then you have groups in the middle who really don’t make any waves (like a Wells Fargo (NYSE:… Read More

In the Chairman’s letter written to the shareholders of Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) in 1995, Warren Buffett explained why retailing can be a tough business. He likened it to a “shooting-star phenomenon,” where not taking care of day-to-day details can lead to failure. He also explained that consumers… Read More