I often look for long-term themes. In the gold rush out in California, who made money? Those who went out mining for gold? Sure…a few people struck it rich. But who made the BIG money? People who sold blue jeans and shovels are the ones who made it rich from the gold rush. Shovels aren’t […]Read More Packaging Corporation of America: A Buy at Current Prices?
Introduction: In 1963, a young football coach by the name of John Madden attended a coaching clinic at the University of Nevada. The coach speaking that day was the Green Bay Packer’s legendary coach, Vince Lombardi. Madden, at the age of 27, believed he knew everything about football. Lombardi, with a quarter century of coaching […]Read More What is the Price to Earnings (P/E) Ratio? A Masterclass
Accounting, undoubtedly, is one of the most important skills an investor can learn. A lot of people think accounting is boring. I have seen firsthand many small business owners and investors struggle to gain an edge because they either refuse to learn accounting or try and give up. Accounting is essential to know – it’s […]Read More Why You MUST Learn Accounting
Seldom does a book inspire action after years of reading countless books on finance, behavioral economics, investing, etc. However, Meet the Frugalwoods by Elizabeth Willard Thames is one of the rare books that screams “it’s time to change!!!” When I started this book, I believed Mrs. Stock Ninja and I were cheap – […]Read More Meet the Frugalwoods Book Review