The Portfolio Management Marathon
Type “investing is a marathon, not a sprint” into Google’s search bar, and you’ll get about 743,000 results. As a Foolish-minded investor, chances are good
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In Investing, the Only Constant Is Change
Many of us are creatures of habit. We stick to the same morning routine and frequent our favorite restaurants again and again. That’s not the
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Selling Short: The Challenges Demand a Whole, Active Approach
They say a picture is worth a thousand words, but when it comes to investing, I believe the following chart is worth multiples of that
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Why You Shouldn’t Underestimate This Industry’s Potential
I wrote this from the fifth annual SaaStr conference in San Jose, California, surrounded by 12,500 other attendees, sharing time with executives representing more than
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The “Whole Portfolio” Approach to Investing
Soon after our recent commentary on investing in stocks when risk appears to be on the upswing, the annual investor letter from Seth Klarman—CEO and
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Investing During Adversity
The return of volatility to the stock market has many presumed and logical causes, including: Slower earnings growth Rising interest rates New U.S. home sales
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The FAANG Stocks Lose Their Bite
“Are we headed for another market crash?” My news feed has recently become inundated with articles that use some variant of this headline. This typically starts
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Hedging to Maximize Returns
It’s probably safe to say that most investors consider hedging to be a volatility-reduction strategy. Which is why our response to the frequently asked question
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The Long and Short of our Stocks
Every investment manager will tell you that they buy exceptional companies that have competitive advantages. Even we say it. But without additional context, that statement
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The Short Story on Our Shorts
We strive to own a portfolio of leading companies that will grow in value the more we let them alone—even as we, of course, watch
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