In my last essay on ownership constructs, I cover a special case. And make a few concluding remarks to summarize the 6000 words I've written on this topic.
My 5-part essay-series on my most important question, all in one place.
In previous essay, I covered avoidable ownership constructs for an investor. This (4th) essay discusses how to think about exceptions within those cons…
Certain ownership constructs are inherently disadvantageous to minority shareholders. I my 3rd essay of this series, I cover all that is bad about them…
Second essay of series on my most important question. I cover my preferred investment construct here, before getting to less savoury ones in subsequent…
As passengers on a journey we have little control over, it matters who the driver is. "Who am I backing here" becomes an investor's most important ques…
Hard part of investing isn't finding an approach that works, but sticking to it over many years. To do so, "does this work for me" matters more than "d…
Why I never discuss individual businesses, especially ones that we own.
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