Find yourself a company which was mismanaged but still performed well.
Temperature affects how people feel about the taste of their beverages.
Exploring product response cycles: from instant gratification (ice cream, cigarettes) to delayed impact (protein, insurance) and their market implications.
Motorcycles are seen as tools of self-expression and cookers as tools of oppression, guess which one I am investing in.
Unpopular well-managed large caps often give adequate margin of safety and offer good risk adjusted returns.
Ignoring reinvestment risk to maintain the current cashflows can lead to problematic situations.
The seeds of a bull market are sown in the bear markets and the seeds of a bear market are sown in a bull market.