
Published Articles
Creating Your Investment Framework
Frequently, we are asked whether or not Amazon, Google or some other random stock is a good investment. The answer often frustrates, as the response
When Things Go “Bump” In The Night
This past week, investors were bluntly reminded that financial markets can be quite volatile. As we awoke Thursday morning, Banco Espirito Santo announced that loan
Going For GoPro
This past week, GoPro, the super action camera/video company, brought itself public. Demand for the stock was strong, valuing the entity at more than $4
It’s all Greek to me
I received a call from a former student the other day. John was a superstar at Texas Lutheran, and after several years working in the
Everyday Pricing
The car horn blared as Carol pulled into the driveway – loaded down from a trip to the grocery store. If she was going to
Are The Markets Rigged?
No sooner had Flash Boys author Michael Lewis finished speaking, before an email from my friend Vic hit my inbox. “Did you see Michael Lewis
To finish first, you must first finish
The Berkshire Hathaway shareholder meeting continues to be a highlight every year. Not only do we meet with many of the world’s top investment managers
Al Silva: Escaping Poverty & Achieving Excellence
Al Silva is an unforgettable man. At 6 feet, 5 inches tall, he casts a shadow while his broad smile exudes a warm confidence. If
Playing The Odds
As I walked through the door at Starbucks, I noticed a friend, Jimbo, sitting in the corner madly typing on his computer. Our firm manages
Unlocking the keys to financial success
At least once a year, my Texas Lutheran University students have a quiz about who has real wealth in our country and how they achieved
The Brilliance of Buffett
Warren Buffett’s company, Berkshire Hathaway, published its annual report and shareholder letter early Saturday. Rarely will I read an annual report front to back, but