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Daily Journal archiveHere are the top book recommendations from Berkshire Vice Chairman Charlie Munger (from Compounding Quality via Twitter on August 14)…
Read articleIn his 1977 Shareholder Letter, Buffett shared his four “filters” for finding great investments (from The Investing for Beginners Podcast via Twitter on August 13)…
Read articleThis classic quote from Berkshire Hathaway Chairman and CEO Warren Buffett reminds us that even the best companies aren’t always a good investment (from Investment Wisdom on July 26)…
Read articleThe vast majority of global fund managers now believe the economy will avoid a recession (from Bob Elliott via Twitter on August 25)…
Read articleEquities are now more expensive than cash for the first time in more than two decades (from Menthor Q via Twitter on August 25)…
Read articleBanks continue to borrow heavily from the Federal Reserve’s emergency “Bank Term Funding Program” (from Joe Consorti via Twitter on August 25)…
Read articleThe “BRICS” nations – Brazil, Russia, India, China, and South Africa – are seeking to expand their global influence (from Bloomberg on August 24)…
Read articleWhy earnings are unlikely to be a continued tailwind for the broad market going forward (from Jurrien Timmer via Twitter on August 24)…
Read articleU.S. manufacturing continues to weaken (from Eric Wallerstein via Twitter on August 24)…
Read article“Seasonality” suggests the broad market is likely to face headwinds over the next few months (from Truist Advisory Services via The Daily Shot on August 23)…
Read articleNvidia shareholders would be wise to remember the fate of Cisco Systems following the dotcom boom (from stockgeek via Twitter on August 23)…
Read articleSEC filings show Michael Burry – the hedge fund manager of “Big Short” fame – made a big bearish bet on stocks in the second quarter (from Unusual Whales on August 14)…
Read articleHistory suggests a recession is extremely likely, but could still be a quarter or two away (from Eric Basmajian via Twitter on August 14)…
Read articleThe “short-volatility trade” has become wildly popular again (from Bloomberg on August 11)…
Read articleExpect to hear more about “fiscal dominance” in the months (and years) ahead – it all but guarantees the Federal Reserve will ultimately have to resume quantitative easing (QE) to fund the government’s soaring deficits (from Egon von Greyerz via Twitter on August 9)…
Read articleMoody’s Investors Service cut ratings on 10 small and midsize banks and warned it could downgrade larger banks as well (from Bloomberg on August 8)…
Read articleThe U.S. government is borrowing like never before in history outside of wartime (from The Wall Street Journal on August 8)…
Read articleThe recent decline in commercial bank lending is an ominous sign for the broad stock market (from Barchart via Twitter on August 7)…
Read articleHistory says the odds of success are not in favor of Nvidia investors today (from Jeremy Schwartz via Twitter on August 3)…
Read articleU.S. state and local income taxes are crashing this year (from Otavio Costa via Twitter on August 1)…
Read articleThe Federal Reserve’s Senior Loan Officer Opinion Survey (SLOOS) showed banks tightened lending standards on commercial and industrial loans again last month (from Lyn Alden via Twitter on July 31)…
Read articleWhat to make of last month’s “landmark shift” by Japan’s central bank (from the Financial Times on July 31)…
Read articleTraders were “all in” on the market boom at the end of last month (from Bloomberg via Yahoo Finance on July 28)…
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