Buffett’s Search for Happiness?
This video is of the 2016 Berkshire Hathaway Shareholders Meeting. I actually listened to the audio of this meeting for a week or two each morning hiking with my dog. Fast forward to around 53 minutes. Someone asks Buffett and Munger what they would have done differently throughout their lives in their search for happiness.…
What Are The Best Investments?
Tren Griffin writes extensively on investing and he is well worth reading. He studies the best investors and then summaries what he’s learned from them. He provides “Cliff Notes” from his research saving us a great deal of time. Tren tweeted the following back in January: “Best investments are not available to the general market…
How Rich People Think About Money
I have an odd confession to make. I have a man’s picture taped to my computer monitor. I think about him all the time and my wife doesn’t know about him. (Well, she’s heard of him, but she doesn’t know how much I think about him.) His name is Warren. He lives in Omaha. He’s…
Warren Buffett’s Blueprint —-> Found in His 2015 Letter
In the 2015 annual Berkshire Hathaway shareholder letter, I found the following: Considering this favorable tailwind, Berkshire (and, to be sure, a great many other businesses) will almost certainly prosper. The managers who succeed Charlie and me will build Berkshire’s per-share intrinsic value by following our simple blueprint of: 1. Constantly improving the basic earning…
The Buffett Formula…(Could It Change Your Business?)
I follow Shane Parrish who writes the farnamstreetblog.com. He recently posted a fantastic article titled, “The Buffett Formula – How to Get Smarter.” It’s a great article and definitely worth your time. In the article, he highlighted how Warren Buffett and Charlie Munger (his partner) are learning machines. Apparently they both spend about 80% of…