Warren Buffett said Philip Carret had "the best long-term investment record of anyone I know."

Warren Buffett said Philip Carret had "the best long-term investment record of anyone I know." From 1928 to 1983, Carret's Pioneer Fund turned $10K into $8 million - 12.9% annually vs. the S&P's 8%. But before he launched that fund, he wrote a series of articles in Barron's that laid out his entire philosophy. The year was 1926. Speculation was rampant. Easy money was everywhere. Sound familiar? What strikes me reading these 100 years later: * The "ten commandments" he followed that kept him ahead of the game for 55 years * His method for reading a balance sheet to spot trouble before it shows up in the stock price * His argument for why the best investors are also speculators (!) I compiled all 17 articles into a 37-page PDF, happy to share if anyone is interested.