To Answer Your Questions…

July 12, 2007 by Joe Ponzio

It is not easy running a new blog. Being just 17 posts young, F Wall Street has had more than 28,000 hits, has been reprinted on Yahoo! Finance, is quoted on CNBC’s Buffett Watch, and more. Of course, there aren’t enough posts to satisfy everyone’s curiosity or interest, so I have been getting a ton of emails from visitors.

I’ll continue responding to emails, but I would like to post my answers to some of the common questions people have had.

Is Berkshire Hathaway a “buy” at this price?

People want to know-and I don’t blame you. I ran an analysis and will be posting it tomorrow. You can see my analysis here.

Who am I?

I will be adding an “FAQ” and/or “about me” page in the next few weeks. In the meantime, you can learn more about me and about F Wall Street here. I don’t have an “about me” or a “FAQ” section up yet because, well, let me explain in the next post…

What is F Wall Street?

I originally launched this site to supplement the lessons in my book, F Wall Street-a book that is currently being reviewed by agents and won’t be ready for publishing for a year or so. The plan was to launch the blog and have a year’s worth (or more) of posts, information, and analyses available for the future readers of the book. I got the site launched with the intention of adding the “about” and “FAQ” sections at a later time.

To be honest, I did not expect more than two or three visitors (let alone thousands) a day nor did I plan on marketing the site until the accompanying book was available.

What will I be discussing?

Let Wall Street bore you with facts; I’ll try to stick with the truth. I’ll be discussing value investing, buying businesses (through stocks), investing myths and misconceptions, and more. Let’s face it-Wall Street has done a terrible job of managing money for the “little guy”.

My goal is to help you change your perspective on investing. I’m not any smarter than you; and yet, I can patiently, calmly, and confidently invest in stocks and ignore the stock market. I don’t take big risks. I don’t worry about my money. I will be discussing why-and how you can change your perspective so that you can achieve the same thing.

What other companies do I like?

Other than the companies I discuss on the blog, I won’t be giving out any stock tips. My goal is to give you the tools and information you need so that you can do it on your own. Following me into or out of a stock does you no good if you can’t understand why I am buying, holding, or selling. In addition to not giving stock tips, I won’t try to predict the stock market.

That answers most of the common questions I’ve been hearing. Feel free to keep sending those emails, and don’t be afraid to comment on a post or two. If you have questions, ask! Otherwise, you may never see your answers here.

Thanks all for visiting!

A Note From Joe Ponzio

This section is for comments from F Wall Street visitors. Do not assume that Joe Ponzio agrees with or otherwise endorses any particular comment just because it appears or remains on this website.