Berkshire Hathaway 2021 Annual Meeting Insights
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If you really want to know what Warren Buffett thinks, look past his polite answers at the 2021 Berkshire Hathaway annual meeting and instead look at his actions.
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What’s Missing From Howard Marks’ “Something Of Value”
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I have been a long-time reader of Howard Marks’ memos, which I find to be insightful, and this one, titled “Something of Value” was no different. In fact, I think this was one of Marks’ best memos. And yet, there were also several important things missing, which if not discussed are likely to leave the readers with an incomplete understanding of the subject.
Read More5 Investing Insights from Charlie Munger (2020)
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Charlie Munger is an amazing investor and Warren Buffett’s partner at Berkshire Hathaway. He recently gave an interview to CalTech alumni that has a lot to teach us about investing.
Read MoreHow Can We Be Sure That Value Investing Will Continue To Work?
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We cannot be sure that value investing will work. What has worked in the past is not predictive of what will work in the future. However, if we dig deeper into why value investing has worked for a long time, we are likely to get insights into what may or may not continue to work in the future.
Read MoreWhy Risk Management Will Not Produce The Best Investing Returns
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Risk management will not produce the best returns.
What?? Then why do it? Because we don’t know the future.
Read More5 Insights from Charlie Munger at the 2020 Daily Journal Annual Meeting
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“The current stock market situation is not as crazy as the Nifty Fifty or the Tech Bubble of the late 1990s.”
Read MoreWhat You Can Learn from an Unusual Investment
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The company was a spin-off from a healthcare company, one that I have followed for almost 15 years. After months of research and following a collapse in the stock price, an opportunity finally presented itself.
Read More10 Important Questions to Consider Before Investing in a Company
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1. Do I understand the business?
2. Can I (approximately) estimate the key financial characteristics 10 years out?
3 …
Read MoreToday’s Financial Bubbles: Avoiding Colossal Loss In A Strange Investment Climate
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This is as precarious an investment environment as any that I have experienced during my two decades of investing. Prices of many securities and asset classes are optimistic, in some cases bordering on irrational. When the pendulum of the market swings so far towards greed, we need to be even more careful than we usually are in our capital allocation. Just because most market participants are in a generous mood does not decrease the amount of uncertainty facing businesses. What it does is make it very easy to lose large amounts of money and hard to make good returns.
Read More5 Insights From The 2019 Berkshire Hathaway Annual Meeting
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Warren Buffett and Charlie Munger provided many insights when they answered questions for nearly 6 hours on Saturday, May 4th, during the 2019 Berkshire Hathaway Annual Meeting. The following 5 themes stood out as the most important for investors.
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