Published in Critical Investing·PinnedMember-onlyWarren Buffett’s Thoughts on InflationAnd how to protect yourself. — At the 2021 Berkshire Hathaway Annual Shareholders Meeting, Warren Buffett was asked what he thought about esteemed economist and former secretary of the treasury Larry Summers’ remarks: “I am much more worried that we will have more inflation or that we will have a pretty dramatic fiscal monetary collision. …Economy8 min readEconomy8 min read
Published in Critical Investing·PinnedMember-onlyHow Peter Lynch made 30x in 13 years in the Stock MarketSimplicity is key. — Peter Lynch is an American investor that managed the Magellan Fund at Fidelity Investments between 1977–1990. Under his management, the fund increased from $18 million to $14 billion, with a 29.2% annual return; greater than double the average return of the S&P 500 during that period. Peter Lynch achieved outstanding…Money4 min readMoney4 min read
Published in Critical Investing·May 24, 2022Member-onlyOur Toxic Relationship with the US DollarOn Buffett and Munger’s Bitcoin comments at the 2022 Berkshire Hathaway Shareholder’s Meeting. — Another year, another Berkshire Hathaway Annual Shareholder’s Meeting. In a surprising turn of events, Warren Buffett and Charlie Munger spoke at length about their least favorite asset: Bitcoin. “There is only one currency that’s acceptable,” said Buffett as he picked up a $20 bill. The room full of attentive shareholders…Money7 min readMoney7 min read
Feb 16, 2022Member-onlyJon Stewart Spends Hilarious 5 Minutes Trying to Figure out What Debt IsThe Fed can’t cancel the US government’s debt — In his recent podcast on The Problem with Jon Stewart, American comedian Jon Stewart sat down with the former President of the Federal Reserve Bank of Kansas City, Thomas Hoenig, to talk about the current state of the economy. For those unfamiliar with Hoenig, he was the only Fed leader…Economics6 min readEconomics6 min read
Published in Critical Investing·Feb 15, 2022Member-onlyCash: Safe in the Short-Term, Dangerous in the Long TermContending with inflation, loss aversion, market volatility, and temporal bias. — The question of how much cash to hold has plagued investors since time immemorial. CNBC’s Jim Cramer recently estimated that $3–4 trillion in cash is waiting for an opportunity to enter the markets, “There’s $4 trillion on the sidelines. We thought it was $3 trillion, but then we learned about…Money7 min readMoney7 min read
Published in Critical Investing·Jan 26, 2022Member-onlyLearn to Identify True ScarcityAnd you will become an exceptional investor. — Over the last couple of years, we’ve seen a flood of investors enter the market. Clearly, people have come to the realization that they need to invest. But why now? Some would say because we had a pandemic. But it can’t be the pandemic in-and-of itself. What about the pandemic…Investing4 min readInvesting4 min read
Published in Critical Investing·Jan 23, 2022Member-onlyMunger and Buffett Don’t Care About Market Corrections, They Care About Buying CheapOn the issue of prices vs timing. — In the midst of a large market correction, Charlie Munger, the vice chairman of Berkshire Hathaway and Warren Buffett’s longtime friend, was asked how worried he was about declines in the share price of Berkshire. He replied, “Zero. This is the third time that Warren and I have seen our…Investing4 min readInvesting4 min read
Published in Critical Investing·Jan 17, 2022Member-onlyCan ARK Invest Stay Afloat in the Inflation Flood?Founder Cathie Wood thinks deflation will come to the rescue. — ARK Invest manages exchange traded funds (ETFs) focused on investing in disruptive innovation. Its founder, Cathie Wood, is interested in exponential growth opportunities, and her funds do not shy away from companies that are currently unprofitable or trading at PE multiples in the several hundreds. Although this strategy has been…Money9 min readMoney9 min read
Published in Critical Investing·Jan 8, 2022Member-onlyThe Winner Takes it All; The Losers Have to FallTesla is on the path to becoming the world’s most valuable company. — Tesla recently reported blowout car deliveries for Q4 2021, reaching 308,600 cars. Over the last few quarters, the company has consistently beat delivery expectations, but the recent record had every analyst and investor doing a double-take. The recent data puts the total cars delivered in 2021 at 936,172, up 87%…Investing6 min readInvesting6 min read
Published in Critical Investing·Dec 26, 2021Member-onlyTake Advantage of This Tax Loophole while it LastsCryptocurrencies are free of wash sales rules, for now. — Disclaimer: Tax laws are in a constant state of change. This is not professional tax advice. The following is for discussion and entertainment only. Are you sad that Christmas has passed? Well, I have a present for you…if you’re a cryptocurrency investor that is. Actually, the word cryptocurrency is a…Cryptocurrency4 min readCryptocurrency4 min read
