Reading Time: 2 Minutes One of the most famous persons on the planet just celebrated a birthday last week, and you might not have noticed it. Warren Buffet turned 90. Everyone of course, knows Buffet. When I first started my investing journey over a decade ago, I certainly looked up to Mr Buffet – as I am sure a whole generation of investors did. His simple, folksy maxims are probably more quoted than any other investor. “Be greedy when others are fearful and fearful when others are greedy”. “It’s only when the tide goes out that we find out who’s been swimming naked”. And my personal favourite, “price is what…
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Caution to All Passive Index Investors – Beware the High Winds!
Hai guyz! What’s happening? How was your weekend! Enjoy the winter chill much? Yesterday was pretty insane, waking up at six in the morning so I could be chasing little kids around the park (I’m a soccer referee). The wind chill and gusts felt like playing in a gale on the Arctic Tundra. In fact, it was so bad at one stage that the pegs holding the goals down snapped off and the goals flipped over themselves (they were the fancy mobile goals). Immediately after that, I made the decision to call the game off. You should have heard the reactions from the parents when it happened. “WTF TheFrugalSamurai, don’t…
