Pages
(Move to ...)
Home
About Us
Reminiscence
Premium Subscription
We Do Taxes
Press
Walden
▼
Tuesday, April 2, 2024
"The inability to hold cash and the pressure to be fully invested at all times meant that when the plug was pulled out of the tub, all boats dropped as the water rushed down the drain." --Seth A. Klarman
›
Nine Align; Benign? Nein! NINE ALIGN; BENIGN? NEIN! (April 2, 2024): We have recently experienced several simultaneous extremes ...
Sunday, December 17, 2023
"Most of the change we think we see in life is due to truths being in and out of favor." --Robert Lee Frost
›
Busting Hedge Funds BUSTING HEDGE FUNDS (December 17, 2023): I had worked at Thomson Reuters for 16-1/2 years; the person sitti...
Sunday, November 12, 2023
"The near absence of bargains works as a reverse indicator for us. When we find there is little worth buying, we find there is probably much worth selling." --Seth A. Klarman
›
Budding Bursting Bubbles BUDDING BURSTING BUBBLES (November 12, 2023): Investors are easily impressed by large percentage moves, ...
Monday, September 4, 2023
"When all feels calm and prices surge, the markets may feel safe; but, in fact, they are dangerous because few investors are focusing on risk." --Seth A. Klarman
›
Long Treasuries, Short Stocks LONG TREASURIES, SHORT STOCKS (September 4, 2023): In the entire history of the U.S. financial ma...
Sunday, July 16, 2023
"Consistency and patience are crucial. Most investors are their own worst enemies. Endurance enables compounding." --Seth A. Klarman
›
Down, Up, DOWN, UP Down, Up, DOWN, UP (July 16, 2023): It isn't widely appreciated that bear markets feature not only subst...
Wednesday, May 3, 2023
"At some price, an asset is a buy, at another it's a hold, and at another it's a sell." --Seth A. Klarman
›
2023 All-Time Danger 2023 ALL-TIME DANGER (May 3, 2023): In 2021 we achieved especially dangerous all-time record unprecedented i...
Wednesday, March 22, 2023
"Patience and discipline can make you look foolishly out of touch until they make you look prudent and even prescient." --Seth A. Klarman
›
Trapped Bogleheads TRAPPED BOGLEHEADS (March 22, 2023): If it doesn't rain outside for several weeks in a row then you may st...
›
Home
View web version