We’ll hold our judgement on “behavioral finance funds”. The point here is that these funds are ultimately offered to human clients, and as this quote notes, “It would be really kind of ironic if you invested in a fund based on behavioral finance and you sold it after the fund had a big loss or added to it after it was up 50 percent.” (…) “It’s hard not to be human.”
Funny how one can find usefulness in the weirdest of sources. A post on the WordPress blog discusses security, obviously a subject dear to our heart, blog and investment-wise. At one point the author says: “Upgrading is taking your vitamins; fixing a hack is open heart surgery. (This is true of cost, as well.)”. Change [...]
Facebook is just starting to tap the immense wealth of data generated by its 300mm audience, as reported in their blog and in the New York Times (free registration required) yesterday. This particular study on the “Happiness Index” is more of a teaser, a taste of what is to come. We don’t pretend to know [...]
Quick look at the business and links for follow-up study on Verisk Analytics, a recently-IPO’d insurance data provider owned in part by Berkshire Hathaway.
Read more about Buffett’s newest “purchase”: Verisk Analytics
Netflix is one of the most admirable cases around on corporate strategy AND execution. It shows how you can make billions out of simple things. That said, they have to kill a lion a year to stay ahead. Investment-wise, we never got to the point where we felt we knew enough to invest in them – and don’t regret not doing it.
Read more about Netflix doing the right things at the right time
In this second post looking back to memorable moments in IP’s own letters to its shareholders, we continue to discuss our company’s “inner workings”. Again, the idea is to reveal as much as we can about the processes that should, over time, generate favorable outcomes for our investment ideas.
