With the political debate gravitating toward socialism and capitalism, today we take a look at six facts that tell us about capitalism in four countries.…
What We Can Learn From Warren Buffett
His 50th anniversary, Warren Buffett’s letter to his shareholders again conveys what he did right, what he did wrong and his folksy investing advice.…
Some Warren Buffett Investing Wisdom
Guilty of probability neglect, we should listen to Warren Buffett’s advice on investing and use cost/benefit analysis whenever emotions overwhelm logic.…
Mergers and Acquisitions: A Comeback
By Alexandra Kaiser, guest blogger, Kent Place School alumna and undergraduate at New York University I have been reading many news articles on recent mergers and acquisitions. 2013 started off with c…
Oligopoly: A Ketchup Story
Called the “Ketchup Conundrum” by journalist Malcolm Gladwell, we have many mustards but only one ketchup. Grey Poupon transformed the mustard market. Originally a delicacy in the gourmet …
US Economic Growth: Buffett and Gates
My story starts yesterday with a Penn Professor of Astronomy and Astrophysics. Explaining that an image of the history of the universe could emerge from two celestial bodies, he added that similarly, …
Taxing Decisions
According to The Atlantic’s Megan McArdle, all of us should know about the Fallacy of Chesterton’s Fence before we decide how we feel about taxes. Picture a fence extending across a road. …
A Warren Buffett Story
If you had purchased Berkshire Hathaway stock on December 6, 1976, you paid approximately $77. At yesterday’s closing price, one share of the same firm (BRK/A) was $127,550. (Looking at the BLS …
Notes From Warren Buffett
Released yesterday, Warren Buffett’s annual letter to shareholders, as always, included sections that make me smile: Talking about how he uses a consistent standard to assess Berkshire Hat…