Last week was Opening Day, so it is only natural that we talk a little inside baseball. There is a lot for investors to learn from baseball. The biggest lessons come from the greatest hitter of all time… As a Baltimore fan, I have a love-hate—as in I love to hate them—relationship with the Boston […]

The market rally has carried stocks to a high level and extreme valuations. However, insiders and activist investors have been very quiet in recent weeks, as both tend to be bargain hunters.There have been some exceptions, and they are worth further investigation as either long term additions to your portfolio or potential trading opportunities. Insiders […]

Can you really get rich in the stock market? We all see ads and pitches about secret systems that can make us rich in no time. According to some ads, these systems have produced hundreds of triple-digit short-term winners in a row. Using these magical systems, you can make the money you need to avoid […]

“What is the market going to do?” That’s the first question everyone asks when investing comes up. In the short run, the answer is momentum-driven. Right now, in spite of excessive valuations and economic uncertainty, the market is very strong. The uptrend that started in November is going smoothly as time passes, and there is […]

Today, we talk to an investor and author who has helped the art and practice of valuation for individual investors take a huge leap forward. Before settling into investment management, Tobias Carlisle was an attorney who worked on M&A deals all over the world. Valuation is not some theoretical idea pulled out of the textbook […]

Today, I want to follow up on yesterday’s suggestion to follow the numbers. The numbers are clearly telling us that we need to be involved in small-cap stocks and fixed income. The numbers (and common sense) also tell us that tech stocks and the indexes cannot keep going at the current pace forever. Follow the […]

I am a huge fan of philosophy. I think it should be taught at the high school level, not to push one belief set over another, but to teach the art of thinking. Don’t get me wrong. I am not a learned scholar who writes deep, complicated papers on the topic and can lecture at […]

Last week, I told you I would circle back and share the latest buying and selling activities of some of the best energy and technology investors. I covered SIR Capital, one of the best energy investors in recent years, but followed that with Donals Smith and Company, a deep-value firm with very little technology exposure. […]

13f filings got a lot of press last week at the deadline. As usual, all the focus was on what the well-known investors were doing in the quarter. The problem is that following these billionaires is probably not going to help you make money. There are way too many eyeballs viewing and acting on the […]

The 13F filing deadline for institutional investment managers was on Valentine’s Day, and it passed with the usual fanfare from the media. By fanfare, I mean they covered the filings least likely to serve as a launching pad to outsized profits for individual investors. Let me do the opposite, and set you up for some […]