As Benjamin Graham famously stated, the stock market often behaves like a voting machine in the short term and a weighing machine in the long term. … [Read more...]
Fairfax Financial Holdings Ltd. -A Compounding Machine & a non-SVB Style Bond Portfolio
Fairfax Financial Holdings Ltd. -A Compounding Machine & a non-SVB Style Bond Portfolio
The rapid rise of interest rates since March 2021 has caused the collapse of Silicon Valley Bank (SVB) due to run on deposits and potential losses on … [Read more...]
SVB and Bank Runs –Implications for Business Development Companies (“BDC”)?
SVB and Bank Runs –Implications for Business Development Companies (“BDC”)?
We believe high-yielding BDC equities, many currently paying 10%+ yield, can become productive building blocks for long-term investors' … [Read more...]
Fossil Fuels vs. Renewables: The False Choice
Fossil Fuels vs. Renewables: The False Choice
Many investors are inclined to exclude fossil fuel companies from their portfolios on the grounds that they are major contributors to climate change, … [Read more...]
Learning from the GOAT – Buffett’s 22 annual letter
Learning from the GOAT – Buffett’s 22 annual letter
Highly anticipated by his worldwide followers, Berkshire Hathaway chairman and CEO Warren Buffett’s annual letter came out on Feb. 25th, … [Read more...]
A Better Alternative to the 4% Rule
A Better Alternative to the 4% Rule
To plan for retirement income and needs, many use the 4% rule, which refers to selling 4% of your portfolio annually to cover living expenses … [Read more...]