Superforecasting

Forecasts are everywhere. But surprisingly, few ask and receive the track record of the forecasters. As a result, we end up consuming a lot of bad forecasts, as we end up hearing from those who are better at entertaining than they are at forecasting. But there is a better way.

Off the RAIL

It feels like just yesterday that I was writing about the overly beaten down stock that is FreightCar America (RAIL)...because that's not far removed from the truth. Just last month, it traded at a massive discount to book value. But that discount is now almost completely erased.

The Only Rule Is It Has To Work

I continue to be on fire with the book selections as of late, this time with the gem The Only Rule Is It Has to Work

The Second Machine Age

There's a lot of doom and gloom out there about where our standard of living is headed. The Second Machine Age explains why the pessimists are wrong.

Dear Chairman

After a mid-year slump where I felt I wasn't getting enough from the books I was reading, I've been on a hot streak lately with some great ones. Dear Chairman is the latest book to get me fired up.

Losing the Signal

You've created a company that has taken the world by Storm®. You're the envy of the industry, having become a paper billionaire thanks to your founders shares. But then it all comes crashing down. A series of catastrophic events ensues, and at the end your product has become a laughing stock. Losing the Signal is the brilliant inside story of the spectacular rise and fall of Blackberry.

Bye-Bye, Beazer

Just 7 months ago, I brought up Beazer Homes as a potential value opportunity. This was a profitable home builder trading at an enormous discount to book value. While it's still a profitable home builder, the discount has eroded significantly.