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Free Ebook: The Most Important Lessons of 5 Great Investors

Free Ebook: The Most Important Lessons of 5 Great Investors

Discover the most important lessons of Warren Buffett, Charlie Munger, Seth Klarman, Ray Dalio and Henry Singleton. The lessons have formed the foundations of these investors’ careers, helping them beat the market and earn huge fortunes. The free ebook and the Simple Guide to Boring Money ebook are available to all email subscribers. Signup today to get immediate access. Subscribe * indicates required Email Address * First Name Last Name Marketing Permissions Money Is Boring will use the information you…

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The Secret of the Warren Buffett Stock Portfolio

The Secret of the Warren Buffett Stock Portfolio

There is one major secret of the Warren Buffett stock portfolio. Other investors often overlook this factor, but it has probably been the most critical contributor to the investor’s success over the past few decades. When combined with his stock-picking skill, this factor has helped the billionaire investor achieve the outstanding return he has today. The Warren Buffett stock secret Over the past few decades, thousands of individuals have tried to crack Buffett’s secret. They have been looking for a…

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Stock Investing: Five Rules For Better Returns

Stock Investing: Five Rules For Better Returns

Stock investing is incredibly challenging. That’s one of the main lessons I’ve learnt over the past ten years of writing about investing.  I’ve spent the past ten years studying and learning from some of the world’s best investors.  I’ve also had the opportunity to interview highly successful investors, authors and academics from the world of finance.  See also: 10 Traits Of Successful Investors This experience has helped me compile a mental framework for successful stock investing. There’s no single trick…

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What Makes A Good Business: The Robustness Ratio

What Makes A Good Business: The Robustness Ratio

In my last article, I looked at one of the qualities that makes a good business, pricing power. This isn’t the only factor investors need to consider when analysing a company’s quality. Many companies have pricing power, but that does not guarantee success. As well as pricing power, a business must also produce something customers want and provide value for consumers. There’s no point in having pricing power if you can’t bring customers in the door. Two strategies There are…

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What Makes A Good Business?

What Makes A Good Business?

Warren Buffett’s has built a multi-billion dollar fortune by following a simple investment mantra. He only buys good companies at attractive prices. This approach seems simple at first, but defining what constitutes a good company isn’t easy. Luckily, the Oracle of Omaha has spoken about this subject at length in the past. In 1991, he explained that one of the simplest tests one could use to a establish the strength of a business, was to ask “how long does the…

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The Best Fund Managers You’ve Never Heard Of

The Best Fund Managers You’ve Never Heard Of

Every investor is aware of the industry’s greats, names such as Warren Buffett, Ray Dalio, Seth Klarman, and Carl Icahn. Most may even be aware of other highly successful fund managers such as Chase Coleman, Glenn Greenberg, and Lee Ainslie. But there are a whole range of overlooked fund managers out there who’ve been able to achieve similar if not better returns than their billionaire peers. One of these fund managers is Norbert Lou. If you’ve not heard of Lou…

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10 Traits of Successful Investors

10 Traits of Successful Investors

Michael Mauboussin is widely thought of as one of Wall Street’s top analysts. He specialises in fundamental investing and the methods investors can use to improve and streamline their processes such as decision making, valuation and portfolio positioning.  In 2016, after 30 years on Wall Street, Mauboussin published a document outlining the 10 most prominent traits he had observed all successful fundamental investors as having.  The full document can be reviewed at this link, and below I’ve compiled the summary of…

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Diversification, Do You Need It?

Diversification, Do You Need It?

Diversification is one of the essential principles of portfolio construction. Unfortunately, it also seems to be one of the most misunderstood. Diversification is the process of allocating capital in a way that reduces the exposure to any one particular asset or risk. Investors can never be 100% sure that a particular asset will generate a positive return. (We can’t, for example, positively identify 100% of frauds). But we can use diversification to reduce the impact a negative outcome will have…

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You Don’t Have To Make It Back The Way You Lost It

You Don’t Have To Make It Back The Way You Lost It

Every investor will have a tale of an investment that went wrong. If they don’t, they’re either lying or have not been in the game long enough. It would be great if we lived in a world where every investment decision turned out to be a profitable one. But that is just not the case. There will be bad deals. Companies fail for a multitude of reasons, and investors can’t screen for all of them. Even if we could, there’s…

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Warren Buffett’s Approach To Business Valuation [Pt.2]

Warren Buffett’s Approach To Business Valuation [Pt.2]

In a previous article, I took a look at the strategy Warren Buffett has said he used to value stocks.  In the article, which you can find here, I highlighted some of Buffett’s previous comments on valuation and calculating a company’s cash flow figures, which can offer a roadmap to calculate intrinsic value.  “If you can tell me what all of the cash in and cash out of a business will be between now and judgment day, I can tell…

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