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  • How Much Money are You Willing to Lose for a Theory?
    and October, the markets are flat. So, if you care about risk-adjusted returns (i.e., striving to ... disciplined; or • We’re diversified; or • We don’t care about Style Boxes. Folks, at least two out of ...

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    • Authors: Ronald H Muhlenkamp
    • Date: Nov 2005
  • What Is Risk?
    What Is Risk? Muhlenkamp defines "risk" as the probability of losing purchasing ... when selling. Warren Buffett has said he wouldn’t care if they closed the stock market for two years.

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    • Authors: Ronald H Muhlenkamp
    • Date: Jul 2003