Corruptible

We wonder why our leaders are often such terrible people. Everybody knows that "Power Corrupts", but there's much more to power's effect on society, as explained in Brian Klaas' Corruptible

Karsan Value Funds: 2022 Q3 Results

Karsan Value Funds (KVF) is a value-oriented fund, as described here. Due to securities regulations, the fund is not open to the public at this time. Should that change in the future, there will be an announcement on this site.

Ways and Means

The US Civil War was a big deal. The violence, the effect on families, and the eventual emancipation of the slaves are the oft-discussed themes. But the financing of the war played an underrated role in determining not only the winner but the trajectory of the country following the surrender. In Ways and Means, author Roger Lowenstein describes the money situation for both sides during the war, and does so without making it boring!

The Last Neanderthal

It's believed that humans once shared the world with Neanderthals. But our evolutionary cousins eventually died out, but not before leaving their marks in our gene pool. Why or how did they die? Nobody knows for sure, but using archeological findings there are a number of theories.The Last Neanderthal is a novel that offers one such interpretation.

Say Nothing

The IRA was big news for a number of decades, and then it just kind of disappeared from the public eye as peace took hold. Documents and other evidence from that period has now come out. What happened behind the scenes is fascinating, as told in the fantastic book, Say Nothing.

Down the HALL

Some of my best investments have happened when a temporary shock to earnings causes a company's stock price to get smoked, providing a good opportunity to buy. If leverage is low, the company usually has time to root out or mitigate the problem, and so the patient investor is rewarded for waiting for things to get back to normal.

Rayonier Advanced Is Far Too Cheap

For a market leader, Rayonier (NYSE:RYAM) trades at a surprisingly huge discount to tangible book value. While the share price closed at $5.36 on Friday, the company's tangible book value was $11.86 as per the company's latest quarterly report. Read more...