Chris MayerJan 24, 201911 minOne of my favorite ideasVolatility creates opportunity because the value of a business simply doesn’t change as much as its stock price does. I’ve always been...
Chris MayerJan 17, 20197 minWhat Index Funds Can't DoJack Bogle died yesterday... I hardly need to tell you about him. As Warren Buffett wrote in his 2017 annual letter: “If a statue is ever...
Chris MayerJan 10, 20197 min“Bucky,” a 235-bagger and volatilityBuckminster Fuller, the essays of Murray Stahl and financial curiosities of various sorts are the subjects of today’s post. And yes – to...
Chris MayerJan 3, 201910 minThe Coffee Can Portfolio and 100-BaggersI recently had lunch with Preston Athey, who used to manage the T. Rowe Price Small-Cap Value Fund. In his 20+ years at the helm, his...