Dear Investors, It has been 6 months since my last letter. Back in May, we were in the midst of a terrible wave of infections....

Investors have many questions about equity investing – what are we investing in? how do we invest? why are we investing? These are all...

I briefly addressed the issue of “when to sell” in my annual investor letter. Here I will give more detail on how I think about this...

I work alone in my office, no analysts, no assistants. I am a one man show and intend to stay that way. I have organized myself this way...

Here are 2 investment options: - option A gives a 10% return, - option B gives a 10% return Which one would you pick? Both options are...

Dear Investors, For most of us, we have probably witnessed the most tumultuous year yet in our lives. COVID-19 forced us to do many...