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There is No Such thing as Business Ethics. Just Ethics.

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The Stock Sage

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I’m a Zurich-based investor and the author of The Education of a Value Investor, which was published in 2014. Since 1997, I’ve managed a privately offered investment fund  known as the Aquamarine Fund. In 2009, I moved from New York to Zurich, Switzerland, where I live with my wife Lory and our three children, Eva, Isaac and Sarah.

More about me here:

#cycling #coffee #technology
#entrepreneurship #investing

La educación de un inversor en valor

Mi libro ha sido publicado en español

Most Popular White Papers

A couple of years ago, inspired by my friend, Bryan Lawrence, I started putting together white paper...

Building an Investment Career the Right Way

In the middle of last year, I gave the above-titled talk to the CFA Society in Switzerland.

Book Review: Satyabrata Dam — Lessons...

Lessons from the Mountain.

Doomsday Dashboard.

With Whom would I Invest Part 2

Zero Management Fee Update

Last year, my colleage, Mark Chapman published a white paper on Zero Mangement Fees in the Fund indu...

Felix Dennis: How to Get Rich (and an Ode t...

Felix Dennis’ book really is excellent:

VALUEx 2018: One to Many vs Many to Many.

Most investment conferences are a one-to-many experience. By contrast, VALUEx is a many to many expe...


On July 3rd of this year, TEDxZuriberg will open it’s doors for the first time.