Browse Posts

Peter Seilern

Dec 3, 2025

Why concentration, low turnover, and strict sector exclusions lead to superior long-term returns

Terry Smith

Nov 26, 2025

Why adjusted earnings that exclude stock compensation mislead investors and distort capital allocation

Peter Seilern

Nov 19, 2025

Peter Seilern's 10 rules for finding businesses worth holding forever

Hewitt Heiserman

Nov 12, 2025

Learn how to identify companies with authentic earnings power by building two alternate income statements

John Tarasoff

Nov 5, 2025

Why the ability to raise prices might indicate less opportunity than finding products/services that haven't raised prices at all

Robert Shiller

Oct 29, 2025

What 300 years of data across 56 economies reveals about starting valuations, future returns, and where global markets stand today

Ensemble Capital

Oct 22, 2025

How to identify companies that generate superior long-term returns through competitive advantages, strong management, and forecastable businesses

William Quinn, John Turner

Oct 15, 2025

Learn how financial bubbles form, why they burst, and what makes them destructive

John Borneman

Oct 8, 2025

Learn why ROIC-based compensation often backfires and how to identify well-designed versus destructive incentive structures