Asset Class: US Stock (Sector: Industrials / Industry: Airlines) Original Investment Thesis (11/2017): I always loved Warren Buffett’s quote (from back in 2007) about how someone should have shot down Orville Wright on that first flight in order to save investors in airline stocks a ton of capital over the decades. That said I think …
Author Archives: deanorolls
ViacomCBS Inc (VIAC)
Formerly Viacom Inc (VIAB). Merged with CBS Corp in 2020. Asset Class: US Stock (Sector: Communication Services / Industry: Entertainment) Original Investment Thesis (11/2017): Basically, my entire investment thesis in life is if you can own Spongebob Square Pants…do that! I remember one time when my tv provider was fighting with Viacom about pricing and …
Creating Deanco Investment Group
Preston, my oldest son, recently (in late 2017) got interested in investing and wanted to learn about it. I warned him it was really hard, really time-consuming and almost always a losing game to try to beat the “market”. I told my son if you want to invest in individual stocks (rather than just buy …
Tenet: Don’t Do Things That You Know Ain’t Right – Just act right! So many people get this simple concept wrong.
James 4:17 So whoever knows the right thing to do and fails to do it, for him it is sin. Just act right! So many people get this simple concept wrong! I have found myself wondering why people can’t just act right so many times in my life. It is mind-boggling things that you hear …
Topic: Why College?
Earlier this year I talked with you guys about the importance of intelligence/education in determining your success in life and in creating wealth for you and your family. We talked about how smart people wind up earning more than people who are not as smart. We talked about how educated people wind up earning more …
Tenet: Have a BHAG! – Set Big, Hairy, Audacious Goals.
Big Hairy Audacious Goal(s)! I heard this term for the first time in a book about how to build great companies. The book was called Built To Last and it was and still is one of the better books on business around. One of the concepts in the book was those truly great companies…ones that …
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Tenet: Be Well-Rounded – Learn as much as you can about as much as you can.
What does it mean to be well-rounded? Eating tons of cheeseburgers will get you there but that is not what I mean. This is similar to keeping things in balance but easier and more fun I think. Being a well-rounded person means that you know a little about a lot and don’t get obsessed with …
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Tenet: Balance – Keep things in balance and you will have few regrets.
Balance is simple. Keep everything in balance! All work and no play make Joey a dull boy. Simple right?!?! Not true. Like so many things in life, a simple concept becomes very hard to put/keep in place. If there is one area I have always struggled it is with finding the right balance. The big …
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Tenet: Personal Responsibility – Own your life and your decisions.
Personal Responsibility is the single most important tenet that I hope you leave my house ‘getting’. I was lucky to learn this very early and apply it in almost every single situation, every single day…for days, weeks, months, quarters, years, decades! It is such an important thing to have a firm grasp on. Own your …
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Dad’s Bible – Introduction
Kids, Growing up I had questions. Sometimes I got answers and sometimes I didn’t. Sometimes the things I wondered seemed silly. Sometimes the things I wondered I didn’t even know what to ask about?!? There were times I just wanted to know what was going through other people’s minds at the same time in their …
DeanoRolls (@deanoroll5) 