Some Timeless Wisdom From Seneca
Lucius Annaeus Seneca, better known as Seneca, was born in Cordoba, Roman Spain, in 4 BC and died in 65 AD. He grew up in
Continue readingAuthor: Oddmund Groette
Why It Makes More Sense For Exxon To Buy Back Shares Instead Of Paying A Dividend
Last week I wrote an article about how you can create your own “dividend” by selling shares. Many investors have an irrational dividend bias: Benjamin
Continue readingFragile vs. Antifragile Investing
Fragile – handle with care: Fragile is defined as an object easily broken or damaged. When you order something online that is fragile it most
Continue readingChr. Hansen Holding AS: Wide Moat, But Management Has No Skin In The Game
This article contains some brief notes on Chr. Hansen Holding AS, the famous Danish enzymes, food/nutrition and natural colors company. The article is just a
Continue readingSelling Shares Beats Collecting Dividends (Dividend Investing)
Introduction and summary: My idea with this article is to show that dividends are simply a return of shareholders’ capital (a partial liquidation), exactly the
Continue readingCredit Acceptance Corp: Excellent Operators And Allocators – Great Compounder
Credit Acceptance Corp has proven to be disciplined loan underwriters, a prerequisite for good long-term performance. Has a clear and rational strategy for allocating capital.
Continue readingComcast: A Recession “Proof” Compounder
Introduction and summary: Comcast (ticker code: CMCSA) is the world’s second-biggest telecom company and headquartered in Philadelphia, USA. The company was founded by Ralph Roberts
Continue readingWhy Family Business Stocks Are Better – Why They Outperform (With Charts)
Why do family businesses outperform? Family-owned businesses outperform the main stock indices. They do this because they have skin in the game, attract better shareholders,
Continue readingConstellation Software – Takeaways From Mark Leonard’s Shareholder Letters
This article contains a brief description of Constellation Software, some thoughts on its competitive advantages and excerpts from Mark Leonard’s excellent shareholder letters. The excerpts
Continue readingThe Perils of Selling Short
I signed my first client and proceeded to short my first stock. It almost proved to be my last. Over the next few weeks, I
Continue readingTaxes And Compounding (Dividend Taxes)
To shelter your savings from taxation while building your nest egg is extremely important. I believe this is pretty obvious for most investors, but I
Continue readingShould You Choose A Scalable Or Non-Scalable Profession/Career?
The word scalable is in Merriam-Webster defined like this: 1 : capable of being scaled 2 : capable of being easily expanded or upgraded on
Continue readingThe Management Myth – Debunking Modern Business Philosophy
I guess most readers of my website have read books by management gurus like Jim Collins and Tom Peters, and many more have probably studied
Continue readingInvestment Quotes By Warren Buffett
I believe Buffet’s annual letters are an invaluable source of investment knowledge and advice. I recently reread all of them, in addition to rereading Lawrence
Continue readingQuotes From Annie Dukes’s Thinking In Bets
I like to take notes when I read (see my notes on the pic to the left, excuse my eight-year-old handwriting). I believe notes are
Continue readingStocks, Investing, Real Estate, Charlie Munger And Inverse Thinking
Charlie Munger likes to think inversely. Inverse thinking simply means focusing on the things you don’t want to happen. Munger didn’t invent this concept, but
Continue readingShould You Trade Or Invest?
Which is more profitable – trading or investing? Who makes more money – traders or investors? The short answer is that you can get rich quickly
Continue readingMy Favorite Quotes from Atul Gawande’s The Checklist Manifesto
Some weeks ago I published an article about what investors and traders can learn from Atul Gawande’s The Checklist Manifesto. I like to take notes
Continue readingWhat Investors Can Learn From Atul Gawande’s The Checklist Manifesto (Review)
This weekend I reread The Checklist Manifesto, a book published in 2010, which argues the case for a systematic approach to our daily work as
Continue readingSome Valuable Quotes From Nassim Nicholas Taleb
I reread all of Nassim Nicholas Taleb’s books in October 2019 (except The Bed of Procrustes, which I have not ordered yet). I strongly recommend
Continue readingWhy I Don’t Recommend P2P And Crowdfunding
Crowdfunding/p2p is a relatively new asset class and has increased in popularity over the last five years. To my knowledge, the biggest market, UK, at
Continue readingThe Power Of Reading Good Books Twice
About one year ago I moved from a house to an apartment. I try to keep physical possessions to a minimum and this philosophy made
Continue readingWhy Is Labor In Norway So Expensive?
Norway is an expensive country, I guess most tourists can agree on that. But why? One of the main reasons is the financing of the
Continue readingThe Correlation Between Homicide And Firearms
Mainstream media and politicians always call for the limitation of firearms to avoid murders and violence. Because of this, I wanted to look at some
Continue readingNorway vs Latvia: Experiences As An Expat
I have now lived as an expat for close to two years in Latvia. Coming from a different country I see things in a different
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