Inflation may not change that quickly, but inflation expectations can change very abruptly — like this week, when a hotter-than-expected CPI number finally pushed the market over the edge and convinced investors to stop expecting a rate cut in March, or five+ rate cuts this year.  That relatively small shift in sentiment, with the market […]

Updates following earnings for many of our Real Money Portfolio companies, particularly in tech and insurance

Checking out the best buys in the Real Money Portfolio over the past year... what can we learn from them?

Real Money Portfolio updates, plus a farewell to Charlie Munger

Two weeks of catch-up -- so we've got Two Sells, Two add-on buys, and a new entry in the $100K Lock Box Portfolio

Updates and new "buy" levels for a bunch of Real Money Portfolio companies...

Checking out the Digital Fortunes tease about "Operation Nightfall" from Michael Robinson

How I think about valuation, with some examples large and small... plus a few other Real Money Portfolio updates

A new buy, plus some big-picture musings, 13F notes, and updates on KEYS and NVDA

A Buy and a Sell in the Real Money Portfolio.

And now it’s time to give some credit where it’s due… what were the most successful teaser picks of 2022? Each year, we spend a few minutes highlighting the worst idea from the investment newsletter world when we name our “Turkey of the Year” at Thanksgiving… but as the year comes to an end, we […]

Ooops, they did it again! Snap (SNAP), owner of the Snapchat messaging app and the most important company in online advertising, posted another horrible, no good, very bad earnings report, and fell 25% after hours, again. Not only does this signal the end of our way of life, but it also means that advertising is […]

Checking out the latest teaser pitch from Extreme Value... and the Thinkolator has a good line on at least four or five of those ten stocks.