The Intellectual Investor Vitaliy Katsenelson

I’ve been asked by many readers and some clients for my thoughts on the economy and recession. 
As I am typing this, I’m thinking about how much ink I should be spilling on writing about the recession and how much time we, as investors, should be allocating to thinking and worrying about it.
Firstly, our ability to predict it is very limited – the economy is a complex system and thus incredibly difficult to forecast. Don't believe me? The Federal Reserve employs a few hundred PhDs who stare at economic data 24/7 and they have yet to get it right, even once.
Secondly, recessions are not a death sentence to the economy but a natural, transitory phase.
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Soul in the Game - https://tinyurl.com/yzh486ep
The Little Book of Sideways Markets - https://tinyurl.com/4sdbr5f2
Active Value Investing - https://tinyurl.com/ywfczy8u
MY KEY LINKS
🌍 My website/blog - https://contrarianedge.com/
🔗 Business Website - https://imausa.com/
🐦 Twitter - https://twitter.com/vitaliyk
📸 Instagram - https://www.instagram.com/vitaliyk/
WHO AM I: Vitaliy Katsenelson was born in Murmansk, Russia, and immigrated to the United States with his family in 1991. After joining Denver-based value investment firm IMA in 1997, Vitaliy became Chief Investment Officer in 2007 and CEO in 2012. Vitaliy has written two books on investing and is an award-winning writer. Known for his uncommon common sense, Forbes Magazine called him "The New Benjamin Graham." He's written for publications including Financial Times, Barron's, Institutional Investor, and Foreign Policy. Vitaliy lives in Denver with his wife and three kids, where he loves to read, listen to classical music, play chess, and write about life, investing, and music. Soul in the Game is his third book and first non-investing book.
Please read the following important disclosure: https://contrarianedge.com/disclosure/

I don't know when I graduated to giving job-seeking advice. However, I know that my scribbles are read by a lot of students and their parents, so I thought I would share this with you.
📩 Sign up for my free weekly email newsletter https://vitaliy.substack.com/


🎙 Check out my weekly podcast, The Intellectual Investor. https://investor.fm/
📚 GET MY BOOKS
Soul in the Game - https://tinyurl.com/yzh486ep
The Little Book of Sideways Markets - https://tinyurl.com/4sdbr5f2
Active Value Investing - https://tinyurl.com/ywfczy8u
MY KEY LINKS
🌍 My website/blog - https://contrarianedge.com/
🔗 Business Website - https://imausa.com/
🐦 Twitter - https://twitter.com/vitaliyk
📸 Instagram - https://www.instagram.com/vitaliyk/
WHO AM I: Vitaliy Katsenelson was born in Murmansk, Russia, and immigrated to the United States with his family in 1991. After joining Denver-based value investment firm IMA in 1997, Vitaliy became Chief Investment Officer in 2007 and CEO in 2012. Vitaliy has written two books on investing and is an award-winning writer. Known for his uncommon common sense, Forbes Magazine called him "The New Benjamin Graham." He's written for publications including Financial Times, Barron's, Institutional Investor, and Foreign Policy. Vitaliy lives in Denver with his wife and three kids, where he loves to read, listen to classical music, play chess, and write about life, investing, and music. Soul in the Game is his third book and first non-investing book.

I've attended the Berkshire Hathaway Annual Shareholders meeting for over a decade. Here is what I learned in 2023.
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🎙 Check out my weekly podcast, The Intellectual Investor. https://investor.fm/
📚 GET MY BOOKS
Soul in the Game - https://tinyurl.com/yzh486ep
The Little Book of Sideways Markets - https://tinyurl.com/4sdbr5f2
Active Value Investing - https://tinyurl.com/ywfczy8u
MY KEY LINKS
🌍 My website/blog - https://contrarianedge.com/
🔗 Business Website - https://imausa.com/
🐦 Twitter - https://twitter.com/vitaliyk
📸 Instagram - https://www.instagram.com/vitaliyk/
WHO AM I: Vitaliy Katsenelson was born in Murmansk, Russia, and immigrated to the United States with his family in 1991. After joining Denver-based value investment firm IMA in 1997, Vitaliy became Chief Investment Officer in 2007 and CEO in 2012. Vitaliy has written two books on investing and is an award-winning writer. Known for his uncommon common sense, Forbes Magazine called him "The New Benjamin Graham." He's written for publications including Financial Times, Barron's, Institutional Investor, and Foreign Policy. Vitaliy lives in Denver with his wife and three kids, where he loves to read, listen to classical music, play chess, and write about life, investing, and music. Soul in the Game is his third book and first non-investing book.
Please read the following important disclosure: https://contrarianedge.com/disclosure/

Many investors, including our clients, have been worried about their Schawb account safety. Are they right to be worried?
📩 Sign up for my free weekly email newsletter https://contrarianedge.com/signup-for-articles/


🎙 Check out my weekly podcast, The Intellectual Investor. https://investor.fm/
📚 GET MY BOOKS
Soul in the Game - https://tinyurl.com/yzh486ep
The Little Book of Sideways Markets - https://tinyurl.com/4sdbr5f2
Active Value Investing - https://tinyurl.com/ywfczy8u
MY KEY LINKS
🌍 My website/blog - https://contrarianedge.com/
🔗 Business Website - https://imausa.com/
🐦 Twitter - https://twitter.com/vitaliyk
📸 Instagram - https://www.instagram.com/vitaliyk/
WHO AM I: Vitaliy Katsenelson was born in Murmansk, Russia, and immigrated to the United States with his family in 1991. After joining Denver-based value investment firm IMA in 1997, Vitaliy became Chief Investment Officer in 2007 and CEO in 2012. Vitaliy has written two books on investing and is an award-winning writer. Known for his uncommon common sense, Forbes Magazine called him "The New Benjamin Graham." He's written for publications including Financial Times, Barron's, Institutional Investor, and Foreign Policy. Vitaliy lives in Denver with his wife and three kids, where he loves to read, listen to classical music, play chess, and write about life, investing, and music. Soul in the Game is his third book and first non-investing book.
Please read the following important disclosure: https://contrarianedge.com/disclosure/

I have vague first memories of playing chess with my grandfather when my family visited my father’s parents in Moscow. I was five years old. As I look back, chess gently came in and out of my life in the years since. Though I always admired chess players, I never took the game too seriously, never studied or took lessons.
📩 Sign up for my free weekly email newsletter https://contrarianedge.com/signup-for-articles/


🎙 Check out my weekly podcast, The Intellectual Investor. https://investor.fm/
📚 GET MY BOOKS
Soul in the Game - https://tinyurl.com/yzh486ep
The Little Book of Sideways Markets - https://tinyurl.com/4sdbr5f2
Active Value Investing - https://tinyurl.com/ywfczy8u
MY KEY LINKS
🌍 My website/blog - https://contrarianedge.com/
🔗 Business Website - https://imausa.com/
🐦 Twitter - https://twitter.com/vitaliyk
📸 Instagram - https://www.instagram.com/vitaliyk/
WHO AM I: Vitaliy Katsenelson was born in Murmansk, Russia, and immigrated to the United States with his family in 1991. After joining Denver-based value investment firm IMA in 1997, Vitaliy became Chief Investment Officer in 2007 and CEO in 2012. Vitaliy has written two books on investing and is an award-winning writer. Known for his uncommon common sense, Forbes Magazine called him "The New Benjamin Graham." He's written for publications including Financial Times, Barron's, Institutional Investor, and Foreign Policy. Vitaliy lives in Denver with his wife and three kids, where he loves to read, listen to classical music, play chess, and write about life, investing, and music. Soul in the Game is his third book and first non-investing book.

The fourteen-year-old Jonah could not sit through the annual meeting; he was preoccupied with anything and everything but Buffett’s and Munger’s wisdom. After coming with me to Omaha eight years ago, Jonah never asked to go back, until last year. He came to the meeting and loved it. He actually sat through almost all of the main event. He is coming with me again this year. 
📩 Sign up for my free weekly email newsletter https://substack.com/profile/6382475-...
🎙 Check out my weekly podcast, The Intellectual Investor. https://investor.fm/
📚 GET MY BOOKS
Soul in the Game - https://tinyurl.com/yzh486ep
The Little Book of Sideways Markets - https://tinyurl.com/4sdbr5f2
Active Value Investing - https://tinyurl.com/ywfczy8u
 
MY KEY LINKS
🌍 My website/blog - https://contrarianedge.com/
🔗 Business Website - https://imausa.com/
🐦 Twitter - https://twitter.com/vitaliyk
📸 Instagram - https://www.instagram.com/vitaliyk/
WHO AM I: Vitaliy Katsenelson was born in Murmansk, Russia, and immigrated to the United States with his family in 1991. After joining Denver-based value investment firm IMA in 1997, Vitaliy became Chief Investment Officer in 2007 and CEO in 2012. Vitaliy has written two books on investing and is an award-winning writer. Known for his uncommon common sense, Forbes Magazine called him "The New Benjamin Graham." He's written for publications including Financial Times, Barron's, Institutional Investor, and Foreign Policy. Vitaliy lives in Denver with his wife and three kids, where he loves to read, listen to classical music, play chess, and write about life, investing, and music. Soul in the Game is his third book and first non-investing book.