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Here is an interesting thought. 

Feb
21

Here is an interesting thought.  

With the huge migration to passive investment, much less analysis is going on in the equities markets.  After all, passive investment only buys a basket of stocks to replicate the index.  Passive investment managers don't analyze stock fundamentals.

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I always revisit older books

Feb
21

I always revisit older books that I have read to re-establish my intellectual grounding around equity investment.  Lately, I have been listening to The Intelligent Investor audio version.  With all that is going on in the market, it is a great time to "renew your vows".

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