Casual Kitchen

A reader asks: How can one avoid buying or owning a stock that goes badly south a la Enron ? Three thoughts: 1) Learn to read financia...

Readers: I originally wrote this post for a now-defunct website. I thought I’d share the insights here at Casual Kitchen for those readers i...

Readers: I wrote this post years ago for a long-defunct website. I thought I’d republish it here at Casual Kitchen for those readers interes...

...continued from last week: In our last post we talked about expanding how we think about competition and substitution in order to defea...

"I don't do coupons." I hear this statement from time to time from various people, usually middle-class consumers. I suppo...

Readers, I want to share a mental tool with you, a tool I used incessantly in my days as a professional investor--and still use today as a i...

"Consumer brands like Nike, Coca-Cola, or Starbucks all do somewhat similar things: they buy commodities (their raw materials) and sell...

I stumbled onto this insightful quote from Seth Klarman, a well-regarded value investor [1] who I follow (and occasionally even steal from)...

A value investor I follow and respect, Whitney Tilson , recently shared a list of his favorite Charlie Munger quotes in a message to his ema...

Readers, the following conversation is entirely hypothetical. It hypothetically occurred at a recent (did I mention hypothetical?) social ga...

"Risk tolerance" is one of those financial euphemisms many people toss around without fully understanding. In almost every instanc...

Readers, this is a post I wrote up for my Facebook feed during another heavy stock market selloff a few years ago. Given the recent stock ma...

Readers, take a look at the following quote from Decisive by Chip and Dan Heath: Imagine walking into a courtroom where the trial consist...

Readers, this is a post I wrote way back in late 2008 for a now-defunct website called Helium.com. Ironically (and not due to any brilliance...

In some domains, there's a clear and direct relationship between a prediction's accuracy and the evidence supporting it. Example: Yo...

When does something become important? Consider the life domain of exercise and fitness. For some of my friends and acquaintances, back in ...