Warren Buffett is known for keeping the investment process simple.  He avoids complex models, and once joked that if calculus were required, he’d have to give up the money business and go back to his childhood job of delivering papers. But not even Warren Buffett can match Mohnish Pabrai when it comes to having a...Read More

June has been a rough month for a lot of investors.  The investing themes that have done well so far in 2013—everything from U.S. dividend-focused stocks to Japanese small caps—have gone sharply into reverse.   The market has started to get jitters that the Fed’s QE Infinity will actually be quite finite…and it appears that Abenomics...Read More

In my last article, I noted that “Big Money” managers was wildly bullish on U.S. stocks—74% were bullish and only 7% were bearish. But what about those legendary masters of the universe—the global macro hedge fund managers who, if their reputations are to be believed, hold the fates of companies and even entire countries in...Read More

Last week, I took a look at how the “Investing All-Stars” were positioning themselves for the remainder of 2012. Then—as now—the Eurozone crisis hung over the capital markets like the proverbial Sword of Damocles.  Given the difficulty of investing under this kind of uncertainty, I thought it would be beneficial to peek over the shoulders...Read More

I’ll let you in on a little secret, dear reader. In those moments when I have doubts, I like to look over the shoulders of great investors to see what they are doing. (Actually, it’s really not much of a secret. It’s a topic I discuss quite openly and frequently. See “When in Doubt, Follow...Read More