Mr. Crazy Rich

Many people ask for simplifications - explanations that their 6-year old child or mother can understand. Surely there must be just a single sentence that can explain, how to be rich? Maxims such as, a bird in hand is worth two in a bush, or It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price, come to the mind of this investor. There is No Holy Grail Unfortunately, getting rich is simple, but not easy. It is simple and not rocket science. There...

Imagine an old man who’s spent his entire life up in a small town. He’s the Lifer. No detail of the goings-on in the town has escaped his notice over the years. He knows the lineage, behavior, attitudes, jobs, income, and social status of every person in town. Bit by bit, he built that knowledge up over a long period of observation and participation in town affairs. The Lifer knows where the bodies are buried and who buried them. He knows who owes money to whom, who gets along with whom, and...

The average trader or investor believes that money is made by watching the stock market charts. He or she believes that there is a magic formula, through which the floor and ceiling or momentum of the stock market can be predicted with a very high probability if not certainty. Yet this method of trading has been criticised for its inconsistent and volatile results over the years. Per Share Value In contrast, one of this blogger's prescribed way of profitting in the stock market is through...