In investing there is something called a value trap. It’s an investment that appears to be very cheap because it is trading at low evaluation metrics like book value, earnings and so on. The investment looks too good to pass … Continue reading →

Last year the Brewers won 89 games and were a couple of outs away from winning the Wild Card game. So far this offseason the biggest notable losses to their roster are Yasmani Grandal, Mike Moustakas, Jordan Lyles, Drew Pomeranz … Continue reading →

Howard Marks is the cochairman and cofounder of Oaktree Capital Management. Mr. Marks is an exceptional investor. He has been compounding money at similar rates as Warren Buffet for 25-plus years. If you’ve read his books or his memos one … Continue reading →