"Sir John Templeton's sixteen rules for investment success" Sixteen simple rules that will help any investor be successful. In no way, do any of these rules conflict with anything taught by Warren Buffett and Charlie Munger.
"Index Funds" "a wonderful new vehicle" says Tom Gardiner. But money has been pouring into Index funds for the last ten years. Now this flow of money has created distortions in the capital markets and threatens to make passive management passé.
"Berkshire Hathaway", Stock comment. This Stock's price offers a compelling value at today's prices. Buy now. This is one decision that will last for Ten years.
Client Letter April 2000
Client Letter May 2000
"Small Retail Stocks" A comparison of four retail specialty companies. Abercrombie & Fitch, American Eagle Outfitters, Buckle, and Pacific Sunwear.
"Identifying Problems" How Higher interest rates and a slowing economy effect tech stocks. And why a little pain is good for the economy.
Client Letter August 2000
"Style Drift" What happens when mutual fund managers chase Performance at the expense of investor suitability rules.
Client Letter October 2000
"Build it and they will come" Why easy money is bad for the stock market, and why corporate CEO's think that if they are smart enough to get their hands on large piles of cash they must be smart enough to spend it.
"Bear Tracks" The bear may be loose but the fun has only begun. "The good news is that there are many old economy stocks that are attractively priced. When you look at your December statements you will begin to see some new names there. This does not necessarily mean that I think the market as a whole has bottomed. It means that I am finding good companies at attractive prices, and that I am afraid that they may not get much cheaper even if the rest of the market turns back down."