#39 Reflections on Investing : Discount Rates and Realized Returns

There is an inverse relationship between current investment performance and expected future performance. Understanding why is a key to maximizing long-run risk adjusted returns.

#43 Reflections on Investing : “Valuing The Automotive Industry”, One Year Later

#42 Reflections on Investing : The Howard Marks Checklist Revisted

#41 Reflections on Investing : When Bad News is Good News for the Stock Market

#40 Reflections on Investing : Where Do We Go From Here? Valuing the S&P 500