Warren Buffett doesn’t spend a lot of time talking about “the market,” and he certainly doesn’t try to time it. As a “bottom-up” investor that looks at individual companies, that’s not his game. Or at least that’s what you think. The truth is, Mr. Buffett has had quite a bit to say over the years...Read More

The philosophy of “buy-and-hold” investing is either holy writ or deviant heresy, depending on who you ask. My view here is a little more nuanced. You have to balance the benefits of a buy-and-hold approach — such as lower taxes and transaction costs, the historical upward bias of the market and the peace of mind...Read More

I joined CNBC’s Oriel Morrison last night to chat about the rumors that Google (GOOGL) might be making a move on Twitter (TWTR): If you cannot view the embedded video, please follow this link: Is Google Planning a Twitter Takeover? Insider Monkey had a good write-up of the interview: Google is the only potential suitor...Read More

Peter Lynch is one of the all-time greats. While running the Fidelity Magellan fund from 1977 to his retirement in 1990, he generated almost hard-to-believe annualized returns of 29.2% per year. And take note that this was before the roaring bull market of the 1990s. If there were a pantheon of investing gods, no one...Read More

Even in his prime, Warren Buffett couldn’t consistently deliver 46% returns year in and year out. The sage of Omaha is good…but not that good. (Ok, there was a stretch in the 1960s when he really did generate those kinds of returns, but we won’t split hairs.) Amazingly enough, those kinds of returns are offered...Read More