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

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

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

The car horn blared as Carol pulled into the driveway – loaded down from a trip to the grocery store. If she was going to

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

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 is an unforgettable man. At 6 feet, 5 inches tall, he casts a shadow while his broad smile exudes a warm confidence. If

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

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

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

During much of the 2000s, we routinely used what had been a rather obscure asset class called a Master Limited Partnership (MLP) to provide growth

As I walked through the door at dinnertime, Carol and her friend, Gail, were trying new recipes. Carol was madly stirring something when she turned