The fundamental work of investment management is filtering. The question is what do you filter.

The Internet has leveled the investment playing field.

A good story has things that draw you in, like great management and great fundamentals, ... A good investment has many of the same characteristics.

Filtering solar radiation with air pollution is a bad idea.

There's a stench of burnt toast coming out of all these news reports. It's very, very thought contagious. And if it spreads across the techs and venture capital companies in Silicon Valley, it will make Enron look like small change.

Moore's Law says that every 18 months, customers can buy the same processor for half the price, or twice the power in a processor for the same price,