Profil von Steven_Jon_Kaplan
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"The most important quality for an investor is temperament, not intellect." --Warren Buffett
THE GRAND ILLUSION
THE GRAND ILLUSION (September 14, 2025): Once every few decades, far too many investors become convinced that if they throw a ball into the air with enough

"You do things when the opportunities come along. I’ve had periods in my life when I’ve had a bundle of ideas come along, and I’ve had long dry spells. If I get an idea next week, I’ll do something. If not, I won’t do a damn thing." --Warren Buffett
TREASURING TREASURIESE
TREASURING TREASURIES (May 15, 2025): Investors have become disenchanted with investing in U.S. Treasuries, thereby causing their yields to climb in

"We don't have to be smarter than the rest. We have to be more disciplined than the rest." --Warren Buffett
REVERSAL OF FORTUNE
REVERSAL OF FORTUNE (April 22, 2025): Most investors buy whatever is trendiest at any given time and sell whatever has underperformed in recent years. This

"Our advantage, rather, was attitude: we had learned from Ben Graham that the key to successful investing was the purchase of shares in good businesses when market prices were at a large discount from underlying business values." --Warren Buffett
BUY PALLADIUM, SELL GOLD
BUY PALLADIUM, SELL GOLD (April 3, 2025): The media have been full of positive stories about why you should buy gold and related assets. Many analysts

"While some might mistakenly consider value investing a mechanical tool for identifying bargains, it is actually a comprehensive investment philosophy that emphasizes the need to perform in-depth fundamental analysis, pursue long-term investment resu
TRUMP BUMP? DUMP!
TRUMP BUMP? DUMP! (November 20, 2024): On November 5, 2024, the U.S. held elections in which the Presidential winner was a Republican, while the Senate and House