In honor of the 50th anniversary of Warren Buffett’s very first shareholder letter, a new book is making waves in the investment world—A Dollar for Fifty Cents: Proven Strategies to Outperform the Market with Closed-End Funds by portfolio manager and financial authority Michael Joseph, CFA. This groundbreaking guide is the very first release from IW$ Press, a […]
For real estate investors, understanding the difference between location-based and destination businesses is crucial. Some businesses thrive on high foot traffic and accessibility, while others succeed by offering something so unique that customers are willing to travel for it. Each model impacts property value, tenant stability, and long-term returns, making it essential to align investment strategy with the right type […]
In 1983, Warren Buffett sat down to pen his annual letter to Berkshire Hathaway shareholders. Tucked away at the back of the letter was an ad. Specifically, it was a “business wanted” ad. In it, the Oracle of Omaha outlined the type of businesses he and his partner Charlie Munger were seeking to acquire. The ad […]