What’s good for an investor is good for a business—and vice-versa! Having invested in many companies and followed thousands more (plus the market as a whole) for over three decades, I have come to realize that what is good for a business is always what is good for an investor. When I hear the management …Continue Reading
Last night was the final match of the U.S. Open, Rafael Nadal vs. Novak Djokovic. Both are ridiculously talented players who can pound the ball with unimaginable accuracy—compared to when I taught tennis in the ‘70s. As I watched the third set, commentator John McEnroe pointed out that Djokovic had 40 “unforced errors” (a mistake …Continue Reading
While in high school, I recall my dad talking about the great growth stock investor, Phil Fisher. Phil lived in San Mateo, California, and was famous for investing in the greatest growth stocks of his era, including: Motorola Texas Instruments FMC (Food Machinery Corp.) Rogers Communications After a tough 1991 on the short side (betting …Continue Reading