I find it funny that people who didn't think there was any inflation in the pipeline are now talking about stagflation. This is nothing like the 1970's, which was a pretty dismal period and not just because of polyester and disco.

Rather than engage in the sort of selective retention that so many investors tend to do and pretend mistakes never happened, I prefer to own them. This allows me to learn from them and, with any luck, avoid making the same errors again.

If I am going to trash others for their dumb predictions, I must at least hold myself to the same sort of accountability.

You can blow on the dice all you want, but whether they come up seven is still a function of random luck.

History is replete with examples of tech firms that were marginalized by new companies and technologies.

Salesmen always need something to sell.

Returnless risk is not how you prepare for a decent retirement.