By Lewis Johnson - “The holy passion of Friendship is of so sweet and steady and loyal and enduring a nature that it will last through a whole lifetime, if not asked to lend money.”
POSTED ON
October 1st
- POSTED IN
Prices Allocate Resources,
Cycles
By Lewis Johnson - “October: This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August and February.”
POSTED ON
September 24th
- POSTED IN
Credit
By Lewis Johnson - “For every action, there is an equal and opposite reaction.”
POSTED ON
September 3rd
- POSTED IN
Cycles
By Lewis Johnson - Cycles are a prominent factor in much of our research on commodity driven companies. This is no accident. Commodity markets are always seeking balance between the fundamental forces of supply and[…]
POSTED ON
August 27th
- POSTED IN
Art of Valuation,
Replacement Cost,
Risk
By Lewis Johnson - "I can calculate the movement of stars but not the madness of men."