• Some Summer Reading

    Some Summer Reading

    People are always asking me what I’m reading. Because I think and talk and read about investing all day long, I typically don’t read financial or business books in my spare time. When I’m not working, I read classic fiction, history, books about art, or any book that just looks good — so long as…

  • Summon Your Courage and Buy Stocks

    Investors who conquer stock-phobia have an edge over those too focused on their rearview mirror By Jason Zweig Oct. 4, 2008 12:01 am ET During the Great Depression, an entire generation became convinced that owning stocks was dangerous. But if you were among the courageous few who bought and held stocks during and after the Depression, you…

  • What’s Luck Got to Do with It?

    An interview with Bill Miller In 2007, I sat down for a long interview with Bill Miller, then the manager of Legg Mason Value Trust. Here’s the unedited Q&A. [money.com, July 18, 2007] The streak is over, but Bill Miller remains the iconic fund manager of his generation. As manager of Legg Mason Value Trust,…

  • You’re Not Paranoid. The Market Is Out to Get You.

    You’re Not Paranoid. The Market Is Out to Get You.

    A sneak peek at the newly revised edition of Benjamin Graham’s masterpiece, “The Intelligent Investor.”

  • Messing Up the Closest Thing to a Sure Thing in the Stock Market

    Messing Up the Closest Thing to a Sure Thing in the Stock Market

    Index funds are a great way to match the performance of the market. So why do so many investors end up falling short? Index funds have made investing simple—but not easy. These portfolios that seek to match, rather than beat, a market’s returns usually charge extremely low fees and generate low tax bills. If you…

  • How to Stay Sane When Markets Get Wild

    How to Stay Sane When Markets Get Wild

    Just about every volatility storm in the markets quickly morphs into a baloney blizzard, as Wall Street’s market strategists and a swarm of online pundits pretend to explain what just happened and concoct predictions of what will happen next.

  • The Seven Virtues of Great Investors

    The Seven Virtues of Great Investors

    To be an intelligent investor doesn’t require extraordinarily high I.Q. It does, however, require the right temperament. These posts can help you cultivate it.

  • Every Warren Buffett Needs a Charlie Munger

    Every Warren Buffett Needs a Charlie Munger

    Online trading buddies can lift you up when you’re feeling down. But real-world friends tell you when you’re wrong.

  • A Speech

    A Speech

    A short speech on the good that financial journalism can still do.

  • The Art of the Bubble

    The Art of the Bubble

    A detailed guided tour of the deep symbolism in William Hogarth’s engraving of the South Sea Bubble.