On Bubble Watch
Is the market in a bubble or not?
Why bubbles are more a state of mind than something quantifiable.
Howard Marks’ latest memo reflects on his memo from 25 years ago, which he wrote right before the TMT bubble burst.
A Quarter Century of Investing
A disciplined, value-oriented approach led to better returns than the S&P 500 with fewer down years
How Warren Buffett Earned a 39% IRR
A masterclass in arbitrage investing.
How Buffett earned a 39% IRR with minimal downside risk on LBO target Arcata Corp and its Redwood timber holdings.
ASML in 2025 with Best Anchor Stocks
I think the market probably got spooked by the fact that among other things that ASML is not benefiting as much from AI. Especially when you're seeing companies such as Nvidia or TSMC benefiting directly.
& check out Best Anchor Stocks