Articles
So when should I buy a business?
Last week, we explored whether or not the hot new trend of buying “boring” businesses is a good way to generate passive income. TL:DR: There’s nothing passive about laundromats. (ICYMI,...
What the Hell is a Barbell Strategy?
This week, I had the opportunity to enjoy a quite spirited discussion in my investing group. The original question was this: “Hey team, I’ve got some fresh $$ to deploy....
Are you swimming naked?
"When the tide goes out, that’s when we see who has been swimming naked." - Warren Buffett I love a good quote from the Oracle of Omaha, but this one has to...
The Hard Work Paradox
If you grew up anything like I did, you often heard the saying, “Nothing worth having comes easy.” Sayings like this are how we seek to instill the value of hard work in our children. Obviously, we want...
The Power of Opinion
“I don’t give a f--- what other people think.” I chuckled to myself as I heard my client say this, remembering a time when I might have said the same thing. Once...
Don’t Forget Rule #1
I’ve had several conversations this week that remind me just how distorted our collective views on investing tend to be. In these conversations, I’ve talked to founders who: After selling...