Warren Buffett just bought a gold stock. During the second quarter of 2020, Buffet purchased $20 million worth of Barrick Gold (GOLD). This is remarkable because, for his entire career, Buffett has cautioned against buying gold and other precious metals….
Learn moreAs we have previously discussed, following Private equity investors is a method that can lead to outsized returns. Specifically when Private equity investors push a company to pay down its debt. This morning we saw a perfect example of this…
Learn moreIt was a good run. Since the end of World War II, the world’s most respected currency was the U.S. dollar (USD). If someone wanted to peg their currency value to keep their economy stable, they pegged it to the…
Learn moreThe world has gone crazy – stark raving mad. 2020 was supposed to be a nice quiet little year with modest economic growth and a gently rising stock market, according to all the economists, pundits, gurus, and government talking heads….
Learn moreIn January, I was bullish on the U.S. economy and the state of the markets. I hadn’t worried much about the base of valuations – but I’d remained concerned as always about the fact that the Federal Reserve has been…
Learn moreThe art of value investing has a reputation as a boring, unadventurous activity that used to work a long time ago back before we had streetlights and indoor plumbing. The exciting stuff is the growth and tech companies that are…
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