As Clint Eastwood said in Magnum Force, “A man’s got to know his limitations”. Warren Buffett is perhaps the wealthiest and most famous investor of all time. Therefore many have tried to emulate him – including professional money managers – without much success. The fact is, very few could ever duplicate the process and the success he and his partner, Charlie Munger, have achieved at Berkshire Hathaway.
First, Buffett has over 75 years of investing experience, having bought his first stock at age 11. As well, except for a few hands of bridge with Bill Gates, he spends all of his time evaluating investments. His wealth and ownership of Read More »
Managing emotions is an important part of investing. An experienced Investment Advisor can help with that. We work with clients to prepare a financial plan and help them stick with it over the long term, regardless of market fluctuations.
In recent years, a whole new field of study has evolved called “Behavioural Investing”. It explains why people react the way they do and points out Read More »
If you invest in securities that trade in the markets, you have to expect price fluctuations. Markets can be volatile over the short term. It goes with the territory. But never forget that shares represent part ownership in a business.
Many people are fascinated by the stock market, especially “hot” stocks that are moving up sharply. It is an old adage in our industry that you can tell theRead More »
Sometimes it’s all in your point of view. With investing, people tend to focus on the performance of the capital markets. As Investment Advisors, we are often asked what our performance has been. With the focus being on the markets, that question is about whether or not we have out-performed “the market”. If capital markets were the only focus, that would be the logical wayRead More »