Blog: Cutting Through the Noise

Invest Like a Champion Today

Excerpt from Scott Ronalds's blog on February 9, 2012

Warren Buffett’s perspectives on investing are worth their weight in gold (or better yet, stocks). Invest in things you understand. Wait for the right pitch. Don’t follow the herd. Buy things you’d be comfortable holding forever. In a recent article in Fortune...

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Old News

Excerpt from Tom Bradley's blog on November 14, 2011

“I think the future of equities will be roughly the same as their past; in particular, common-stock purchases will prove satisfactory when made at appropriated price levels. It may be objected that it is far too cursory and superficial a conclusion; that it...

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The Usual Suspects

Excerpt from Tom Bradley's blog on September 26, 2011

"The risks are the usual: what you don’t know; what you’re not thinking about; probably the biggest risk is what you are 100% sure about.” Bruce Berkowitz, Fairholme Capital Management, in a speech at Columbia University earlier this year...

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Forecasting

Excerpt from Scott Ronalds's blog on September 9, 2011

"The stock market has forecast nine of the last five recessions" - Paul Samuelson (Nobel Economist)

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Steady Freddie. Stanley's Coming.

Excerpt from Tom Bradley's blog on June 8, 2011

A 7-game playoff series is a unique animal. It’s a roller coaster ride with potential mood swings after each game. It reminds me a lot of investing actually. As I sit here with my Canucks jersey on, I feel like the boring realist. I’ve celebrated each victory and got pissed off after each loss, but in between, I've refused to get too caught up in the hyperbole. I've found myself in a few conversations that go...

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What's Going on Warren?

Excerpt from Scott Ronalds's blog on October 3, 2008

Warren Buffett was recently interviewed by Charlie Rose. For investors looking for some clarification and insight into what’s currently going on in the United States, the exclusive conversation is an hour well spent. Some advice from the sage: “You want ...

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Sowing the Seeds

Excerpt from Tom Bradley's blog on September 4, 2008

I came across a great quote today and it is totally applicable to the market environment we find ourselves in.  It comes from Tim McElvaine’s newsletter ( www.mcelvaine.com ).  He in turn got it from an interview with Chris Davis ...

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Fees Don't Matter...Wanna Bet?

Excerpt from Scott Ronalds's blog on June 13, 2008

Will a collection of hedge funds beat the S&P 500 over the next 10 years?  Warren Buffett doesn’t think so.  And he’s willing to bet on it, to the tune of a million bucks. Buffett put his own cash on ...

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George and Ben - Take a Holiday (Part II)

Excerpt from Tom Bradley's blog on January 24, 2008

A friend of mine who lives in the U.S. sent me a comment on my last blog that is worthy of a posting of its own. She is witnessing first-hand the fallout in the housing market and has a few ...

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What's Going on Out There?

Excerpt from Scott Ronalds's blog on January 22, 2008

It’s times like these that test our patience as investors. As of yesterday’s close, the TSX had dropped more than 12% since the beginning of the year. Last year’s gains were gone in a mere three weeks. The S&P 500 ...

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No U.S. Equities Please

Excerpt from Tom Bradley's blog on December 12, 2007

We are not a big firm and don’t talk to thousands of investors on a daily basis, but Chris, Scott and I do talk to a fair number. From our conversations, there is one theme that recurs constantly. I DON’T ...

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Poolside with David Swensen

Excerpt from Scott Ronalds's blog on October 3, 2007

I got an email from Neil on Saturday afternoon: From: njensen@steadyhand.com Subject: Words of wisdom from Swensen Body: Read while watching Claire at swimming today (p.60): "Sensible investors pursue diversification as a policy to reduce risk, not as a tactic ...

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