Posts

The First Tycoon: The Epic Life of Cornelius Vanderbilt – Book of the Month

I recently finished listening to "The First Tycoon: The Epic Life of Cornelius Vanderbilt", a biography of Cornelius "Commodore" Vanderbilt written by T.J. Stiles. This 29 hour audiobook is a true rags to riches story. Vanderbilt rose from boatman to…

Investing In Delta, American Airlines, Or Southwest Airlines?

In this week's blog post, I compare three of the leading airlines in the United States - Delta (DAL), American Airlines (AAL), and Southwest Airlines (LUV). Using fundamental data, I will determine which one of these three stocks is the…

Investing In Chevron, Exxon Mobil, Or Royal Dutch Shell?

In this week's blog post, I will be comparing three oil and gas behemoths - Chevron, Exxon Mobil, and Royal Dutch Shell. I will use the fundamental data to help us make a determination about which one of these three…

The Warren Buffett Way – Book of the Month

In May 2019, I listened to 5 audiobooks: The Warren Buffett Way, The Warren Buffett Portfolio, Stress Test: Reflections on Financial Crises, The Culture Code: The Secrets of Highly Successful Groups, and Sway: The Irresistible Pull of Irrational Behavior. All…

Investing in Funeral Services Business

I was recently listening to Mohnish Pabrai, a value investor, talk about how funeral businesses have the lowest failure rates. Here are some of the important points that Pabrai made while talking about funeral business: The population continues to grow,…

Will China Sell its US Treasury Holdings?

Towards the end of the trading day on Friday, May 17th 2019, there was breaking news that trade talks between the United States and China had stalled. This news led to a market sell-off in the last hour of trading.…

Tariffs on China Equate to Stagflation in the United States?

This past week, the US Stock market was highly volatile. The markets had big fluctuations because of the trade tension between the United States and China. On May 10, 2019, President Trump tweeted that the United States has started levying…

3 Cognitive Biases That Influence Your Investment Decision

A cognitive bias is a mistake in reasoning, evaluating, remembering, or other cognitive processes, which occurs as a result of holding onto one's preferences and beliefs regardless of contrary information. In other words, a cognitive bias is an error, which…

Billionaire Ray Dalio’s All Weather Portfolio

I first learned about the "All Weather Portfolio" when I was reading Tony Robbins' book - MONEY Master the Game: 7 Simple Steps to Financial Freedom. In this book, Robbins introduced everyone to Ray Dalio, the billionaire hedge fund manager,…

Bond Yield Curve Has Inverted. Is recession around the corner?

Dow Jones Industrial Average (DJIA) was down 460 points and S&P 500 was down 54 points when the market closed on Friday, March 22nd, 2019. This sell off was due to the presence of inverted bond yield curve. Last time…

Keeping at It: The Quest for Sound Money and Good Government – Book of the Month

I recently listened to "Keeping at It", which is an autobiography of Paul Volcker. Paul Volcker has served under multiple US Presidents, however his most important role was as the Federal Reserve Chairman under President Jimmy Carter and President Ronald…

How to Trade the News with Non-Directional Bias?

In my previous blog post, I talked about how to trade the news with directional bias. In this post, I will talk about how to trade the news with non-directional bias. Non-directional bias stems from the fact that an important…