I loved this book so much,
I got it as a gift for all my friends
This essay is not quite the same as the book, because it’s turned into something more.
It started as a review. I read the book twice, then I listened to it twice on Audible. But I still didn’t feel that I had internalized it enough – I needed to write about it. But what started out as a review grew into something more: it’s now a personal manifesto.
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Most People Don’t Want to Write. They Want to Have Written.
I was at a conference in Switzerland. A reader came up to me and asked, “Vitaliy, I’ve been reading your articles for years. I’d like to write. How should I start?”
You are not as smart as you think you are – Update 2026
In a bull market, it is easy to forget about selling discipline and then turn into a “buy and forget to sell” investor. Every time you sell a stock, you look dumb because it usually goes up afterward.
Guy Spier and I
Reflections on friendship, mortality, and the kindness of Guy Spier, the value investor who taught me that we all live on borrowed time.
This Is Your Captain Speaking – Buckle Up
I have been feeling very uneasy about the market and the economy. Over the last two decades our economy has been acclimated to insanely low interest rates, and reacclimation to higher and rising rates is going to be difficult.
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