Even the greats make mistakes.  I wrote a piece two years ago with those words as the headline with a very specific purpose: to show that, over time, the market has a way of humbling us all.  Even investment demigods like George Soros or John Paulson. I bring this up because one of my favorite...Read More

As I wrote back in August, it can be helpful at times to look over the shoulders of successful investors to see what their highest-conviction investments are.  And during times like these, when the economy is looking wobbly and the potential for a Eurozone meltdown is hanging over our heads like the sword of Damocles,...Read More

The art of investing is an exercise in making decisions under conditions of uncertainty. But today, it seems that the cloud of uncertainty is a little thicker than usual. During times like these, I like to do what your college professor might have called “cheating.” I like to look over the shoulders of other investors...Read More