Research. Reviews. Ideas. Built for investment professionals.

Benjamin Graham


“Pretend and Extend” vs. Prediction: Other Lessons from Berkshire Hathaway

A surviving investor is always learning beyond what is obvious from platform presentations and gaining additional insights from past experiences. As almost all the investing world knows, there is a five-hour question and answer session at the annual Berkshire… READ MORE ›

Shallow Investment Pitches Lead to Strikeouts

Book value may not be valuable. Changes in reported earnings per share is not growth. How can we use that insight to select funds?

I am focusing today on the kinds of “elevator comments” that one hears in the lift… READ MORE ›