In 1981 a researcher named Ola Svenson asked a series of students in Sweden and the United State how theyRead more
As a child of the 1980’s, I was among the generation of kids that grew-up with the first really affordable home computers and game console systems. These early computers and game consoles taught us all the important skills we needed to succeed in life — Stomp on the bad guys to win. Eat the dots and avoid the ghosts…Read more
Share buybacks are a strange corner of the investing world where you’ll often find great disagreement. On one hand, you have a group of investors that say “Stock buybacks are great, they increase my percentage of ownership in the business”…Read more
What a difference a month makes! After the precipitous drop of our net worth in December, I wasn’t expecting to breach the $3 million mark again for awhile… but January was an exceedingly kind month. Our net worth came back with a vengeance — In our taxable accounts alone we saw a $125k increase in January…Read more
Let me first start by saying this is not a post about Apple’s products. While I’m certain Apple’s products are probably fantastic (I don’t own any), that’s not what interests me about Apple The Company or Apple The Stock.
What interests me is Apple as an investment…Read more
If you remember back from high school history class, the Luddites were a group of English textile workers in the 19th century who smashed textile machinery as part of a labor protest. The Luddites were unhappy with new machinery taking their highly-skilled (and decently paid) jobs, and replacing them with low-skill, low-paid jobs operating modern textile machines.
Now days, the term luddite is more often used to refer to “someone who is opposed or resistant to new technologies or technological change.”Read more
If I ever write a book, I think I might title it, “The Nature Of Compounding”. Afterall, I spend more time writing and thinking about compounding more than I do almost any other topic on this blog.
Compounding itself is a fantastic thing — A magical mathematical force that allows for very small amounts of money to grow into a much larger nest egg. Interest built upon interest, where it grows in an exponential curve towards infinity…Read more
Every year right around the end of January, I try to plan out my dividend income and capital allocation goals for the year. I started doing this in 2017, continued the process in 2018, and still find the process useful enough that I’m doing it again in 2019.
At the most basic level, my planning process amounts to putting excess cash to work from our Big Fat Cash Pile AND trying to put that cash into smart places that generate a growing stream of dividend income. The devil is in the details of course…Read more
Like it or not, we live in a modern hyperconnected world. Always on, always connected. 24/7. The average consumer is constantly told what to eat, how to live, and where to invest. It’s no wonder that “fake news” is now a thing.
We try to tell ourselves “Hey, I’m a free thinker. I not influenced by the media!” But it’s far more likely we’re simply influenced by the most convincing voices around us…Read more