Objective stock analysis focused on quality compounders for long-term investors.

Why I’m Hoarding Cash While Markets Are Strong

A stack of cash and a small antique crossbow (arbalist) on a desk next to an iPad showing a stock market chart at all-time highs and the book The Tao of Warren Buffett.

This past Christmas, my wife gave me a copy of The Tao of Warren Buffett. The book is a collection of Warren Buffet’s aphorisms organized by themes, and one section in particular resonated with me. It describes how Buffett behaves when markets are strong and high-quality businesses trade at significant premiums. Rather than lowering his […]