John F. Kennedy said, “Change is the law of life. Those who look only to the past or present are certain to miss the future.” The future is about disruption.
Climbing Efficiency
2015-07-24, Clement Chiang
As long-term shareholders we look for durable ROE – efficiently run businesses that can sustain above average returns on capital over long periods of time.
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European Ruminations
2015-07-10, Mathew Hermary
Reflections and observations from corporate presentations and investor conferences in Paris and Berlin.
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What A RIOT!!!
2015-06-12, Mathew Hermary
What appears reasonable today because it is both commonly accepted and popular may turn out to be neither popular nor reasonable in the future.
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8 A.M.
2015-05-22, Clement Chiang
Groupthink occurs when the desire to conform prevents alternatives from being considered. It’s a risk every performance-minded team must actively avoid.
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Value & Values Investing
2015-05-08, Steven Kim
Warren Buffett said, “If our non-economic values were to be lost, much of Berkshire’s economic value would collapse as well.”