DON'T BE A STOCK-PICKER; BE A BUSINESS-PICKER
Whatever our form of ownership, our goal is to have meaningful investments in businesses with both durable economic advantages and a first-class CEO. Please note particularly that we own stocks based upon our expectations about their long-term business performance and not because we view them as vehicles for timely market moves. That point is crucial: Charlie and I are not stock-pickers; we are business-pickers.
FOR CLEAR THINKING, TEACH
Teaching, like writing, has helped me develop and clarify my own thoughts. Charlie calls this phenomenon the orangutan effect: If you sit down with an orangutan and carefully explain to it one of your cherished ideas, you may leave behind a puzzled primate, but will yourself exit thinking more clearly.
BERKSHIRE IS AN “INFRA' COMPANY!
Diese Geschichte stammt aus der April 2022-Ausgabe von Wealth Insight.
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Diese Geschichte stammt aus der April 2022-Ausgabe von Wealth Insight.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
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Licence Raj Redux?
The import policy changes might take us back to the days of License Raj
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The increasing need for cyber security is opening up investment opportunities
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The dimming of Brightcom
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Find out if food aggregators have found a cure to their loss-making curse
Have We Crossed The Peak Of Inflation?
Find out if the present macro scenario calls for tweaking your portfolio strategy
Tomatonomics
The humour, the stories and what could have been done about tomato inflation
