Who do you want to be, Team USA or Team USSR of investing? At the 1980 Lake Placid Winter Olympics, Team USA pulled off one of the greatest upsets in sports history because they cultivated luck against the dominant USSR… Read More
We got more clarity from Disney’s management about when they’ll start paying a dividend again and repurchasing shares during the Q3 2021 Earnings Call. And finally, in light of the ongoing recovery from the COVID-19 pandemic as well as our… Read More
Once you buy a home and move in that’s it for spending. All major appliances work at 100% efficiency. Your significant other doesn’t think anything needs to be upgraded or replaced. The landscape is immaculate and doesn’t require any redesigning…. Read More
You’re sitting inside the cockpit of a converted ICBM missile about to be launched into space. The last 7 times NASA test launched this rocket it was a success, but the first 20 test launches had a 45% failure rate…. Read More
In 1994 a legendary wall street bond trader launched a new hedge fund with $1 billion in assets, recruiting several top traders, two future Nobel prize winners and several PhD’s from MIT. In its first three years the fund posted… Read More
Even when the stock market is showing signs of excess there are always pockets of value. One of those pockets at the start of 2021 was the defense industry. We added the stock of Northrop Grumman to our dividend growth… Read More
Are you a better investor than a pigeon? We’re going to answer this question by examining a light guessing game and from there we’ll derive two main lessons for investing in the stock market.The game requires you and a pigeon… Read More
Uncertainty surrounding the answer to the question, “Will I have enough?” is a large source of anxiety for many people nearing retirement age. Even exceptional savers often wonder if they will have enough, if their level of spending is sustainable,… Read More
A year ago we bought Discover Financial Services (DFS) when it was trading at a deep discount to our estimate of fair value. Discover was trading at a deep discount because of the pandemic market panic and fears of the… Read More
The 5 main factors that could cause the U.S. economy to boom like it did during the 1920s. Employment GDP Growth Corporate Earnings Financial Markets U.S. Consumer Health 5 Factors for the Economy to Boom like the Roaring 20s
Bottleneck Business A bottleneck business is a term created by Akre Capital Management and it describes a business that: a) sits atop large, global,