Anderson Investment Fund, LP

01/26/2020

Anderson Investment Fund 2019 Results: 28.44% Return (net to partners). However, the more important long-term results:

09/29/2019

When in Singapore, it helps to stay cool if you’re near water fountains. If a few sprinkles from the Fountain of Wealth hit you, so be it!

09/29/2019

Nice place to cool off - and maybe absorb some sprinkles from the Fountain of Wealth!

01/05/2019

"Every decade or so, dark clouds will fill the economic skies, and they will briefly rain gold. When downpours of that sort occur, it's imperative that we rush outdoors carrying washtubs, not teaspoons. And that we will do." WEB, 2017

Widespread fear is your friend as an investor because it serves up bargain purchases. Personal fear is your enemy. It will also be unwarranted.

09/11/2018

Had a two hour meet up with Warren Buffett at Berkshire Hathaway headquarters this morning. Always a great educational experience! I was going to give Warren my wallet but he said it was too thick so he pulled out his thin one!

08/14/2018

If you’re in the Phoenix area on September 12-13, we would love to see you at the AGD meeting as we talk about saving for retirement, investing, overhead, insurances and where you need to be financially at each stage of a dental career. We’ll also address practice purchase and sale as well as draw down strategies in retirement. Here’s the link to sign up.

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07/30/2018

Always a fun group in Phoenix! Mark your calendar and register for this two night (6-9pm) back-to-back course on September 12-13. Hope to see you there!!

Register By Friday, September 7, 2018 so we can properly order food! Attend both days or only one of the days!  You may also bring up to one guest - the speaker recommends that dental professionals bring their spouse or significant other.    $20 for both nights (for one dental provider + 1 guest...

02/08/2018

Always wise to look back at similar market volatility (1987) and frame our actions by what one of the world's best investors had to say!

"During 1987 the stock market was an area of much excitement but little net movement: The Dow advanced 2.3% for the year. You are aware, of course, of the roller coaster ride that produced this minor change. Mr. Market was on a manic rampage until October and then experienced a sudden, massive seizure.

We have 'professional' investors, those who manage many billions, to thank for most of this turmoil. Instead of focusing on what businesses will do in the years ahead, many prestigious money managers now focus on what they expect other money managers to do in the days ahead. For them, stocks are merely tokens in a game, like the thimble and flatiron in Monopoly."

"But, like Cinderella at the ball, you must heed one warning or everything will turn into pumpkins and mice: Mr. Market is there to serve you, not to guide you. It is his pocketbook, not his wisdom, that you will find useful. If he shows up some day in a particularly foolish mood, you are free to either ignore him or to take advantage of him, but it will be disastrous if you fall under his influence. Indeed, if you aren't certain that you understand and can value your business far better than Mr. Market, you don't belong in the game. As they say in poker, "If you've been in the game 30 minutes and you don't know who the patsy is, you're the patsy.'"

02/08/2018

Charlie does know a thing or two. “I won’t bet $100 against house odds between now and the grave.”

Charlie Munger quote on Gold, non productive assets, wealth storage, hoarding, logic...

01/23/2018

Charlie Munger, the partner of Warren Buffett, offers a practical two-step process for improving our thinking and making better decisions.