Here is a thoughtful, objective, and comprehensive analysis of U.S. tax policy from Howard Marks at Oaktree Capital. It is worth a read to begin to understand the issues involved. Click here to read the full text.
Edward P. Lazear, in a recent Wall Street Journal article suggested that there are two theories at large which describe the current concern for European Economies. The more prominent description is the “domino” theory, suggesting that if Greece fails, then… Read More
We closely follow the periodic columns by Jason Zweig, who is the investment columnist for the Wall Street Journal. The following article, from the September 10, 2011 issue of the Weekend Journal is a bit of a financial history and… Read More
As he does each year in Berkshire Hathaway’s Annual Report, CEO Warren Buffett has written his annual letter to shareholders. The letter includes a great deal of information about the performance and operation of the company. In addition, we all… Read More
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Interesting post on “Endowment Investing”
Should you follow a simple investment strategy with basic blocking and tackling or should you subscribe to the concept of “endowment investing” followed by large institutions? Whatever you do, favor fundamentals over fads. See this Read More