Tags » Mark Leibman

What's Your Story?

Thinker Morgan Housel wrote recently about the power of narrative in “The Greatest Story Ever Told.” The essay focused on the narratives that affect the whole economy, the big-picture themes. 415 more words

Mark Leibman

Pioneer Mortality and The Osborne 1

In April 1981, Adam Oborne debuted the very first portable computer. His company was the fastest growing in Silicon Valley. You can see how popular the idea of portable computing got by visiting any coffee shop any day of the week. 343 more words

Mark Leibman

Backward Measures of Risk

Our investing experience over the last two years vividly demonstrates the problem with confusing volatility and risk.

After years of relative stability, a certain security plunged by more than 80% in a few months. 321 more words

Mark Leibman

The Coming Boom?

We wrote more than a year ago about the steady if slow growth of the economy. Just as a slow-burning fire might last longer than a raging conflagration, we expected that the economic expansion would persist longer than some commentators believed. 421 more words

Mark Leibman

Review and Outlook: Perception and Reality

The gap between perception and reality is a key concept for us, as contrarian investors.

Year-end is a logical time to stand back and assess the year just ending, our current situation, and prospects for the next year. 421 more words

Mark Leibman

Mind Games

What do you think when you hear the phrase ‘mind games?’

It has a negative connotation, doesn’t it? One person is trying to gain an advantage over another through the use of nonproductive emotions or attitudes. 388 more words

Mark Leibman

Put it in Writing

Life in the 21st century is producing some unanticipated, but welcome, byproducts.

In prior centuries, when a person wanted to clarify exactly what another person was saying, he or she might have said “Put it in writing.” Here in the 21st century, digital media enables everyone to put everything in writing—if they choose to. 326 more words

Mark Leibman