Category Archives: Investing

Annual Report by Warren Buffett

Posted on May 1, 2005 by John Hunter

The annual meeting of Berkshire Hathaway is being held this weekend in Omaha (cnn article). Recently the 2004 Berkshire Hathaway Annual Report (by Warren Buffett) was published. The report is excellent reading for anyone interested in investing. Some quotes from the annual report: In one respect, 2004 was a remarkable year for the stock market, a fact buried in the maze of numbers on page 2. If you examine the 35 years since the 1960s ended, you will find that … Continue reading →

Posted in Economics, Investing, Management

10 stocks for 10 years

Posted on April 22, 2005 by John Hunter

Topic: Investment I decided to look at selecting a portfolio of stocks I would be comfortable putting into an IRA for 10 years. My main criteria was companies with a history of large positive cash flow (that seemed likely to continue that trend). The 10 stocks I came up with are (closing price on 22 April 2005 – % of portofilo invested): Templeton Dragon Fund (TDF – 16.40 – 16%) – a closed end mutual fund investing in China, Hong … Continue reading →

Posted in Investing, Popular | 17 Comments

Beginning of the End of Housing Bubble?

Posted on April 19, 2005 by John Hunter

Topic: Economics – Investing re: Beginning of the End of Housing Bubble? – Dan Gilmor blog post I doubt we are at the end of the bubble. However, financial bubbles are very difficult to time. My guess is the bubble will continue for over a year for most, if not all locations in the USA. And unless the bubble continues and prices reach levels much higher than they are now, the end of the bubble will not be dramatic decline … Continue reading →

Posted in Economics, Investing

The Greatest Wall Street Danger of All: You

Posted on December 31, 2004 by John Hunter

re: Born Suckers [the broken link was removed] – The greatest Wall Street danger of all: you by Henry Blodget. Henry Blodget mentions two profoundly (though simple) important factors that lead to poor investment decisions: Prospect Theory and Outcome Bias. He lists 7 factors, I find two profound. Prospect Theory (more details) essentially states people are eager to “lock in gains” (sell positions with profits to realize gains) and hold losses (deffer selling positions in which they have losses so … Continue reading →

Posted in Investing | Tagged , | 1 Comment