Break The $100000 Myth

At Berkshire Hathaway’s 1998 Annual General Meeting (AGM), Charlie Munger stated: The first $100,000 is a bitch, but you gotta do it. I don’t care what you have to do. If it means walking everywhere and not eating anything that wasn’t purchased with a coupon, find a way to get your hands on $100,000. After [...]

5 Things Investors Should Ignore

We often hear and read what is important to achieve investment success. In this post, however, I want to delve into something a bit more unconventional but equally important and that is 5 things investors should ignore. Beating The Market A common fault of many investors is the fixation about consistently generating investment returns that [...]

Tax Efficiency And Investment Decisions

Retail investors are bombarded with investment advice from today’s media of which most relates to before-tax investment returns. We, however, live in an after-tax world. This is why we need to view tax efficiency and investment decisions together. In this post, I touch upon the importance of allocating investments in the most tax-efficient manner. This [...]

Stay The Course

'Stay the course' is a phrase used by navigators to encourage maintaining the current direction or plan, especially when faced with challenges or temptations to change. It is rooted in maritime history where maintaining a set course was crucial for reaching a destination safely and efficiently. The phrase has broader applications in life and in [...]

Time Is The Secret Sauce To Building Wealth

One of the most memorable things I learned in business school is that TIME is the secret sauce to building wealth. A host of factors such as: Your Starting Point Income Growth Financial Literacy Expense Management Tax Planning Risk Management certainly influence wealth creation. The power of time, however, is often overlooked because most people [...]

The Position Sizing Conundrum

As a follow up to my How I Identify New Companies to Research post, in this post I address the position sizing conundrum investors face when trying to determine how to properly size a position within an investment portfolio. Dollar versus Percentage Perspective Determining how much weight each particular stock receives in a portfolio is [...]

How To Think About A Company’s Moat

Every great business is built around a strong moat. - Warren Buffett A company’s moat is an essential concept for investors and business professionals. It refers to a company’s ability to maintain competitive advantages to protect its long-term profits and market share from competing firms. Think of a company's moat as the answer to What [...]

FFJ Portfolio – December 2024

Another month has flown by thus triggering this FFJ Portfolio - December 2024 report; all monthly reports are accessible here. Purchases I increased my exposure to 4 existing holdings in 'Core' accounts in the FFJ Portfolio and initiated a position in Cintas (CTAS) in one of the 'Side' accounts. Nike (NKE) 200 shares @ ~$78.48 [...]

Go to Top