I had my TV service disconnected at home for awhile now, don’t want my kids to become TV-addicts. We reconnected it on Friday so we could watch Olympics – I am glad we did. The opening ceremony was incredible. It was a demonstration of Chinese might, but not through a communist-by-the-book parade of nuclear [...]
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You want to buy straw hats in the winter. This sums up an important kernel of successful value investing: making decisions (buying and selling) that are unpopular at the time. (Of course, one has to make sure that, due to global climate change, winter is not swiftly followed by an ice age. In the case [...]