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for requesting to read “The 6 Commandments of Value Investing”

You’ll receive the series in 8 parts, one email per day. Look out for the [6 Commandments] tag in the subject line.

Want to dive into active value investing? Check out Vitaliy’s books

Most People Don’t Want to Write. They Want to Have Written.

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

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 Vitaliy Katsenelson

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

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.

Popular Articles

How Stoicism Can Help You Have Soul in the Game

The Stock Market, The Economy, Possible Outcomes, How to Invest

This is part one of the winter seasonal letter I wrote to IMA clients, sharing my thoughts about the economy and the market. I tried something I’ve never done before. Instead of conveying my message through storytelling, I tried to compress my thoughts into short sentences…
Chess Saga Continues web

Chess Saga Continues

With Hannah’s passion for chess growing and the lockdowns easing, we discovered the wonderful world of chess meetups.
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