2022 |
Dec 10 |
How Often Should We Check Stock Prices? |
Oct 23 |
Diversification Basics: The Power Of Negative Correlations and Intelligent Re-balancing |
Sep 11 |
The P/E Ratio |
Sep 04 |
Profits vs Cash |
Aug 28 |
Lindys vs Turkeys |
Aug 21 |
Why A Long Re-investment Runway Matters |
Aug 14 |
Saving vs Investing |
Aug 07 |
How Cash Flow Timing Impacts Shareholder Returns |
Jul 22 |
The Story Of Pi |
Jul 09 |
How Businesses Die |
Jun 28 |
The Trouble With Debt To Equity Ratios |
Jun 26 |
Luck vs Skill, Certainty vs Upside |
Jun 12 |
How Inflation Can Bring Down Business Returns |
May 27 |
My Favorite Charlie Munger Quote: Why Quality Trumps Price |
May 22 |
Protecting Ourselves From Inflation |
Apr 19 |
The US Tax Code Is Kind To Investors |
Apr 13 |
The Devil's Card Game |
Apr 03 |
Income Statements |
Mar 26 |
The Elements Of A Cockroach Portfolio |
Mar 20 |
The Economics Of Internet Newsletters |
Mar 06 |
The Art And Science Of Valuation |
Feb 26 |
Recurrence Equations |
Feb 05 |
Why And How To Read A Balance Sheet |
Feb 04 |
What Can Horse Racing Teach Us About Value Investing? |
Jan 22 |
The Magic Of Retained Earnings |
Jan 15 |
Key Concepts Related To Compounding And Exponential Growth |
Jan 08 |
The Volatility Tax |
Jan 01 |
New Year, Old Financial Independence Concepts |
2021 |
Dec 18 |
Return Ratios (ROA, ROE, ROIC, ROCE, etc.) |
Dec 11 |
Dividends vs Buybacks |
Dec 04 |
Conditional Probabilities, Survival, Lindys vs Turkeys |
Nov 20 |
Escape Velocity |
Nov 06 |
Portfolio Optimization, CAGR/IRR Maximization |
Oct 30 |
A Counter-Intuitive Thing About Share Buybacks |
Oct 23 |
Shannon's Demon |
Oct 12 |
Ed Thorp And His Statistical Arbitrage Insights |
Oct 09 |
Warren Buffett's Pinball Machine Empire |
Sep 25 |
Margin Of Safety When A Company Has Loads Of Debt |
Sep 18 |
The Right Way To Calculate Inflation-Adjusted Returns |
Sep 11 |
Capital Allocation Inside Businesses |
Sep 05 |
Investing Lessons From Claw Machines |
Aug 28 |
Asset Prices, Interest Rates, And Inflation |
Aug 14 |
Generating Functions |
Aug 07 |
Portfolio P/Es, Harmonic Means, And The Cauchy-Schwarz Inequality |
Aug 01 |
Thinking Multi-Dimensionally |
Jul 11 |
Counting Oranges |
Jul 04 |
Earnings vs Cash Flows |
Jun 27 |
Capital Turns And The Number e |
Jun 20 |
Dividends |
Jun 14 |
The Pitfalls Of Return On Equity (ROE) |
May 30 |
Charlie Munger's Key Insight |
May 22 |
Tax Deferred Compounding |
May 15 |
Standard Deviation, Mean Absolute Deviation, and Fat Tails |
May 08 |
Decision Fatigue |
Apr 24 |
The Basics Of Retirement Planning |
Apr 17 |
Markov Chains |
Apr 10 |
Leverage |
Apr 03 |
Volatility vs Risk |
Mar 27 |
Earnings Growth vs Return On Capital |
Mar 14 |
Lifestyle Creep |
Mar 06 |
Calculating A Fair Price For A Wonderful Business |
Feb 20 |
Towards Financial Independence: Setting Goals, Tracking Progress |
Feb 13 |
Correlated Bets |
Feb 06 |
Half Life |
Jan 30 |
Geometric Expectations |
Jan 23 |
Path Dependence |
Jan 16 |
Binomial Thinking |
Jan 09 |
The Birthday Paradox |
Jan 02 |
State vs Flow Quantities |
2020 |
Dec 26 |
Snowballs |
Dec 19 |
The Rule Of 72 |
Dec 12 |
Wonderful Businesses At Fair Prices vs Fair Businesses At Wonderful Prices |
Dec 05 |
Investing vs Speculation |
Nov 28 |
Investing & Inflation |
Nov 21 |
Stock Based Compensation |
Nov 14 |
Estimation Theory |
Nov 07 |
Tail Risks |
Oct 31 |
Same Store Sales |
Oct 24 |
Depreciation |
Oct 22 |
A Story About Warren Buffett's Grandfather |
Oct 17 |
The Pitfalls Of Averages |
Oct 10 |
Probability Distributions And Random Variables |
Oct 03 |
Game Theory And Nash Equilibria |
Sep 26 |
Look Through Earnings |
Sep 19 |
Geometric Sequences |
Sep 12 |
Understanding Inventory Turnover |
Sep 05 |
401(k)s, Rebalancing A Portfolio Between Stocks And Bonds |
Aug 29 |
Do You Need A Fund Manager? |
Aug 22 |
Why Warren Buffett Likes To Hold Stocks Forever |
Aug 15 |
How To Do A Reverse Discounted Cash Flow (Reverse DCF) Analysis |
Aug 08 |
How To Do A Discounted Cash Flow (DCF) Analysis |
Aug 01 |
Stock Splits |
Jul 25 |
How Much Money Do You Need To Retire? |
Jul 18 |
How To Do CAGR/IRR Calculations |
Jul 11 |
The Fundamentals Of Portfolio Diversification |
Jul 03 |
How Mortgages Work |
Jun 27 |
The Basics Of Options Trading |
Jun 20 |
LTV vs CAC |
Jun 13 |
Share Buybacks |
Jun 06 |
Owner Earnings |
May 31 |
Arithmetic vs Geometric Thinking |
May 26 |
Covid-19 Testing And Bayes' Rule |
May 24 |
The Kelly Criterion |