Legendary value investors' secrets
October 11, 2024
Warren Buffett lessons
In Berkshire Hathaway’s annual report for FY2017, chairman Warren Buffett gave examples of “four truly major dips” suffered by Berkshire shares in the past. “Berkshire, itself, provides some vivid examples of how price randomness in the short term can obscure long-term growth in value,” Mr Buffett said. The legendary investor said the examples offered “the…
Read More about “Avoid borrowing money to buy stocks”Investment criteria
Warren Buffett’s long-held “moat” strategy has come to the fore in the wake of an argument between the legendary investor and Telsa’s Elon Musk. A CNBC report (Warren Buffett responds to Elon Musk’s criticism: ‘I don’t think he’d want to take us on in candy’) quoted Telsa’s Musk as saying this week that “moats are lame”…
Read More about Understanding Warren Buffett’s moat strategyBerkshire Hathaway
Berkshire Hathaway chairman Warren Buffett minces no words when it comes to cryptocurrency, calling bitcoin “probably rat poisoned squared” and his right-hand man, Charlie Munger, has even harsher words, saying “it (cryptocurrency) is like someone else is trading turds and you decide I can’t be left out”. A Yahoo Finance May 6, 2018, report (Why…
Read More about Buffett, Munger have harsh words for cryptocurrencyBerkshire Hathaway
Warren Buffett’s Berkshire Hathaway bought an additional 75 million shares of Apple in the first quarter of 2018, while dumping its remaining stake in IBM, said a Bloomberg May 4, 2018 report (Buffett Buys a Further 75 Million Apple Shares, Sells Out of IBM). The report quoted the Berkshire Hathaway chairman as having said in…
Read More about Berkshire Hathaway takes a bigger bite of Apple, dumps IBMBenjamin Graham's thoughts
Legendary value investor Warren Buffett is still dismissive of bitcoin as an investment. He laid out his latest thinking on the cryptocurrency in a recent interview with Yahoo Finance (Warren Buffett on buying bitcoin: ‘That is not investing’, April 28, 2018). “If you buy something like a farm, an apartment house, or an interest in…
Read More about Why Warren Buffett steers clear of bitcoin