They say having children profoundly changes you. It certainly does. Last week my oldest daughter turned five. Ten days prior, her younger sister turned one.
Recently I came across an old piece I wrote, about four years ago, which today seems more apt than ever. It’s about the long-term consequences of near-zero interest rates,
This morning, I got an interesting question from a reader. Referring to one of my past stock recommendations, Karoon Energy (KAR on the ASX), he asked if he should sell because he was down 50%.
One of my great passions, besides investing in stocks is buying and drinking fine and rare wines. I’ve been doing it for nearly ten years.
Many professional investors, from Warren Buffett, to Stan Druckenmiller, look foolish right now. They’re focussed on avoiding risk. A focus on minimizing risk is actually the number one trait of every truly successful investor and trader.