Investment

October 10, 2025

Two Questions That Reveal a Company's True Worth

If you look at Alphabet (Google's parent company) and Amazon, you might assume Alphabet is the better business. It's mostly software-based and doesn't require a lot of physical assets to run—a model of a modern, efficient company. Amazon, on the other hand, has old-school bones. It has poured billions into building out a massive physical network for its e-commerce business and has done the same for its cloud computing arm, Amazon Web Services.

Investment

October 10, 2025

Finding a Company's True Competitive Edge

If you're interested in , you eventually realize that a company's long-term performance is driven by its quality. To succeed, you have to get good at spotting what makes one business truly superior to another. This skill really comes down to one thing: identifying a company's competitive advantage.

Investment

October 10, 2025

Why P/E Ratios Mislead You on Tech Stocks

When it comes to , price is the variable that can single-handedly veto any deal. You can love a business and admire its management, but if the price isn’t right, you have to walk away. This principle of triangulating between price and value—asking, “What am I getting for what I’m paying?”—is the backbone of any sound investment strategy. At a certain point, even the most incredible business becomes a bad investment if it’s overpriced.

Investment

October 10, 2025

Why Warren Buffett Outgrew His Mentor’s Teachings

In 1950, a young Warren Buffett from Omaha walked into Benjamin Graham’s class at Columbia Business School and found a system that felt like a revelation. For anyone wondering , Graham’s method was like a perfect cookbook: a formulaic, easy-to-follow guide with strict rules. It was a framework that would help turn Buffett into a billionaire. But over time, the student realized the world had changed, and the teacher’s old recipes were no longer enough.

Investment

October 10, 2025

Ben Graham's 'Cigar Butt' Investing System

Benjamin Graham, the man who would become known as the father of modern security analysis, was an intellectual at heart. He spoke seven languages and could quote classic authors in their native French, German, or ancient Greek. He was also famously absent-minded, known for inventing a new slide rule while also showing up to work in mismatched shoes. After graduating from Columbia in just two and a half years, he turned down teaching positions in math, English, and philosophy to support his family, choosing the one field with the highest earning potential: finance.

Investment

October 10, 2025

When I Realized My Investing Playbook Was Broken

My early picture of Wall Street was a complete caricature. When I started my finance career twenty-five years ago, I imagined a world of testosterone-fueled cowboys and sharks, shouting into phones and waving their arms on the stock exchange floor. I couldn't have been more wrong.

Investment

October 10, 2025

How to Ethically Invest in Real Estate

When it comes to investing, Warren Buffett famously said he looks for three things in people: integrity, intelligence, and energy—and that without the first one, the other two are dangerous. This same principle applies when you're in companies. Hitting your financial targets is great, but it's just as important to think about the real-world impact of your investments, especially in an area like that directly shapes our communities.

Investment

October 10, 2025

Understanding the Money Behind Real Estate Investing

For a long time, real estate has been a reliable way for people to build wealth and generate cash flow. But if you’re just getting started, figuring out how to fund your property investments can feel pretty complicated. If you're new to , the world of finance can seem like a major hurdle.

Investment

October 10, 2025

A Look Inside Real Estate Development and REITs

Have you ever watched an old, forgotten warehouse slowly transform into a block of trendy lofts and wondered how it all happens? Or seen a vacant lot turn into a sleek office building and thought about what it would be like to be part of that process? For many, this is the most exciting side of —moving beyond being a spectator to becoming an investor who makes these transformations a reality.

Investment