Housing: Driver of Average Wealth
Dear fellow investors, Q2 2021 hedge fund letters, conferences and more The Price Movement In Housing We have been in … Read more
Smead Capital Management
COVID-19: Summer 2020 versus Summer 2021
Dear fellow investors, Q2 2021 hedge fund letters, conferences and more Summer 2020 versus Summer 2021 In the summer of … Read more
Quail Pricing in Oil Assets
Dear fellow investors, Q2 2021 hedge fund letters, conferences and more On the insistence from a friend and a colleague, … Read more
Tech: Always and Forever
“The law of opinion refers to general precepts established by public opinion. It is the “law of fashion,” which may … Read more
The Law of Fashion
“Locke differentiates three types of law: 1) the law of opinion, 2) civil law, and 3) divine law (see fig. … Read more
Only the Hodlvolk Survives
Dear fellow investors, Q2 2021 hedge fund letters, conferences and more At a minimum, the latter part of 2020 and … Read more
Value Investors Are Still Rolling Stones
Dear fellow investors, Q2 2021 hedge fund letters, conferences and more Most millennials have never seen an era where value … Read more
Good Medicine at Bargain Prices
Dear fellow investors, Q1 2021 hedge fund letters, conferences and more Pharma Stocks That Trade At A Ridiculous Discount We … Read more
The Rodney Dangerfield Housing Market: No Respect
Dear fellow investors, “I don’t get no respect from anyone. Last week my house was on fire, my wife told … Read more
Taking Lumps For Alpha
Dear fellow investors, Q1 2021 hedge fund letters, conferences and more Now that investors are reconsidering active stock picking and … Read more
Engulf And Devour
As Amazon prepares to buy MGM Studios and announced an effort to put pharmaceutical stores all over the U.S., we … Read more
Today’s Stock Market Illusions
Dear fellow investors, Q1 2021 hedge fund letters, conferences and more My recent reads have been stuck in the 1960’s, … Read more
Repeating Discovery Communications’ History
“History doesn’t repeat itself, but it often rhymes.” – Mark Twain Q1 2021 hedge fund letters, conferences and more Discovery’s … Read more
Inflation: It’s Just the Start
Dear fellow investors, Q1 2021 hedge fund letters, conferences and more But it is not a price sensitive economy right … Read more
Warren Buffett: No Fish In The Barrel
Dear fellow investors, Q1 2021 hedge fund letters, conferences and more The Berkshire Hathaway Annual Meeting was a mixture of … Read more