Views & Insights
Periodically we publish content that puts our principles and views into practice, because education is an essential component of long-term investment success.
CATEGORY: Investing the Burgundy way
PDF: Ain't Misbehavin'
The View | October 2015
Value investing is simple: buy stocks when they are trading for less than their intrinsic value. But simple doesn’t mean easy. There are many roadblocks standing in the way...
How to Avoid Common Investment Mistakes
The Journal | October 2015
As investors, each day we face triggers. Whether they manifest in our conversations with friends and colleagues, or in the barrage of daily media messaging, we are constantly surrounded by...
How to Think about your Portfolio in Volatile Times
The Journal | August 2015
The summer of 2015 is ending with a bang not a whimper. Starting with the China Crash in early July, we are now entering the fifth day of sustained volatility in...
Top-Down vs. Bottom-Up
The Journal | July 2015
There are two common categories of investors: “top-down” and “bottom–up.” These terms refer to an investor’s starting point when approaching a potential investment. Top-down investors begi...
A Day in the Life
The Journal | July 2015
Burgundy is hosting a series of presentations for my colleagues called, “A Day in the Life.” The purpose of these seminars is to open the lines of communication, educate, and...
Call Me Old-Fashioned…
The Journal | June 2015
Navinder Singh Sarao, a U.K. high-frequency trader, was arrested recently for using market manipulation to destabilize the market causing the May 6, 2010 Flash Crash where, among other markets, the Do...
Why Own Bonds?
The Journal | May 2015
At Burgundy, we believe that the best way to grow wealth over the long run is to own the equity of great businesses. However, we still recommend that many of...
Finding Solace in Discomfort
The Journal | April 2015
Value investing is not supposed to feel good. It’s supposed to be uncomfortable, even painful at times. In certain parts of the cycle we will feel validated, but it...