Don't Tinker!

Take a good stock-picking strategy and tweak it a bit to make it better — many investors do just that, and it sounds like a good idea, right? Nope, writes…

Warren Pieces: Franchises vs. Businesses

A periodic look through the archives of the greatest investor in history In Berkshire Hathaway’s 1991 Letter to Shareholders, Warren Buffett talked about the differences between “franchises” and “businesses”. Below…

Warren Pieces: Pessimism Is Your Friend

A periodic look through the archives of the greatest investor in history In Berkshire Hathaway’s 1990 Letter to Shareholders, Warren Buffett talked about his approach toward market fluctuations. Below is…