John Train's The Broadside

To invest sensibly you need to understand what the company is trying to tell you in its financial statement. Though the elements are fairly simple, I observe that many of my clients have trouble reading one. So here is a simple guide to help get started.

I have always loved France, and it is with chagrin that I see the centrifugal forces of history steadily separating that wonderful country and my own.

Column in Forbes explains two ways to protect ourselves when we aren’t able to handle our financial affairs.

The Dance of the Money Bees was the first book ever to use a biological example to describe financial phenomena, writes Christopher T. May.

In school the subjects you learn are less important than developing character and learning how to think. Working your way through classical texts forces you to be accurate in a way not required in any other study except math.

Major market cycles have a life of their own, like the ups and downs of a manic depressive patient. The choruses sung at each stage are not based on objective data. They are just rationalizations.

The investor’s first concern must be to survive; that is, not to lose a lot of money. I mean in real terms, not quotational terms. The market rises and sets all the time. Don’t worry too much about that. So does the sun. Truly losing money is when an asset you own falls apart. That’s […]

I am frequently asked about the best background for the investment business. To start with, I am quite sure what isn’t: majoring in economics, and then entering Wall Street.

Few management philosophers have combined so much wit and wisdom, and none was as charming, as Professor C. Northcote Parkinson.