Mistitled — & Misleading [Editor’s Note: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway (“Berkshire”), or any other entity referenced. Edina Realty is a subsidiary of Berkshire.] “Tell me where I’m going go die, so I won’t go there.” –Berkshire Hathaway’s Charlie Munger. Sorry, notwithstanding...Read More
Can You Say, “Useless Platitudes?” With the usual onslaught of year-end investing articles, I’ve noticed a sub-genre emerging this year. Namely, advisors who claim that the secret to market-beating performance is “avoiding bear markets” (and implicitly, that parking your money with them is the best way to do that). I suppose the corollary would be,...Read More