Read the private investment diary of an individual investor.At one time you could read Phil Carret's diary entries here at the WSC site or go to Phil's own site. Later he discontinued the diary Website. As the articles he wrote were still valid we kept them posted until we could find other writers. Recently, we discovered that Phil had died at the age of 101 and his church had linked to our now-deleted diary postings; therefore we have reinstated them. |
![]() |
Phil explains
"When I was conceptualizing ID, I debated whether the diary entries should be daily, weekly, or longer. I came to the conclusion that keeping a daily diary was not feasible simply because I wouldn't have that much meaningful information to record everyday. However, a voice in my head kept nagging at me to keep my web site fresh because this is the web and people expect new things everyday. In the end I simply decided to stick to my common sense.""I'll update my diary at least once a month, but more frequently whenever I have something worthwhile and meaningful to record. To force myself to keep a daily diary will simply result in a lot of trivia being recorded. Time is precious and I don't want to waste your time having you sift through a lot of petty events in my life. I hope to record only those events and experiences that are of some value and relevance to investing and business in general."
The First 10 Years
My Investment Principles
August
- Tennis and Investing - August 6, 1997
- Portfolio Performance - August 8, 1997
- Gales of Creative Destruction - August 23, 1997
September
- Evaluating The Odds - September 1, 1997
- Bear Market Preparation - September 7, 1997
- Intrinsic Value - September 22, 1997
November
January