Thomas Edison founded General Electric. Jack Welch built it into the world’s most valuable company. Then risky lending, the Great Financial Crisis, and mismanagement pushed the once great company towards extinction. To save General Electric, the company would need to… Read More
One of the many unsung heroes of World War 2 was Lt. General John C.H. Lee. Lee was in command of the U.S. Army’s Service of Supply and in charge of turning the United Kingdom into “one gigantic air base, workshop,… Read More
The ideal company to own would possess the following 3 attributes. Operates in an industry with minimal competition and with high barriers to entry for new competitors allowing the company to generate high Returns on Invested Capital (ROIC). Requires minimal… Read More
Marriott is one of the largest hotel companies in the world but it owns very few hotels. They run an asset-light business model that avoids the significant capital expenditures associated with acquiring, developing, or maintaining hotel properties. This also reduces… Read More
You lose $8,000 in one night playing Blackjack. Are you going to try and win it all back again tomorrow?You do come back and you lose even more. This time it’s $10,000. Are you finally done, or will you come… Read More
We all know the famous Warren Buffett quote about only swinging at a “fat pitch”. It’s a beloved quote and a lot of people use it to describe their own investment process. But they use the “Fat Pitch” as a… Read More
Social Psychologist Lee Ross ran an experiment where he took peace proposals created by Israeli negotiators and labeled them Palestinian. He then labeled Palestinian peace proposals as Israeli. He presented them to Israeli citizens and asked them which ones they… Read More
The first true pharmaceutical biotech company was Genentech. Launched in 1976 and funded by the now legendary venture capital firm Kleiner Perkins, Genentech would license a new recombinant DNA technology to make insulin safer, faster, and cheaper than the current… Read More
During any market correction — we’re lumping corrections and bear markets into one category for this article — a common question is how are you managing risk in the AMM Dividend Growth Strategy? Risk management is something that happens before… Read More
The Perfect Food Pizza is the perfect food. It’s a complex taste with the perfect blend of fat, sweet, and rich foods. Cheese provides the fat. Pizza sauce is sweet. And meat toppings provide the richness. Pizza’s taste complexity is… Read More
First published in 1949, Ben Graham’s The Intelligent Investor remains highly influential, especially with Warren Buffett, who regards it as “the best book on investing ever