Legendary value investors' secrets
November 21, 2024
In his FY2022 letter to Berkshire Hathaway’s shareholders dated February 25, 2023, legendary value investor Warren Buffett shares the secret sauce of his company. “In August 1994 – yes, 1994 – Berkshire completed its seven-year purchase of the 400million shares of Coca-Cola we now own. The total cost was $1.3 billion – then a very…
Read More about Berkshire Hathaway’s secret sauce7 Secrets to Investing Like Warren Buffett was coauthored by Mary Buffett and Sean Seah. Mary Buffett is the former daughter-in-law of legendary investor Warren Buffett, the chairman of Berkshire Hathaway. Mary Buffet has coauthored many books with David Clark, the first being Buffettology. Sean Seah was born, educated and lives in Singapore. A strong…
Read More about 7 Secrets to investing like Warren BuffettIf you have been reading legendary investor Warren Buffett’s value investment philosophy and wonder how to put two and two together, one recommended book for reading is “Warren Buffett and the Interpretation of Financial Statements” by Mary Buffett and David Clark. Written in simple and easy to understand language, the book guides you through the…
Read More about Warren Buffett and the Interpretation of Financial StatementsWarren 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 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 cryptocurrencyWarren 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 IBMBerkshire Hathaway chairman Warren Buffett shared in a Yahoo Finance interview (“Warren Buffett explains how you could’ve turned $114 into $400,000 with a simple long-term investment” dated April 25, 2018) how a sum of $114 invested in the S&P 500 in 1942, with dividends reinvested, could have turned into $400,000 today. “Let me give you…
Read More about Mind-blowing compoundingDiscussions about share repurchases often become heated in the investment world. But, in the words of Berkshire Hathaway chairman Warren Buffett, assessing the desirability of repurchases isn’t that complicated. “From the standpoint of exiting shareholders, repurchases are always a plus. Though the day-to-day impact of these purchases is usually minuscule, it’s always better for a…
Read More about Share repurchases: What is smart at one price is stupid at anotherIs investing in the stock market something that is complex, mysterious and risky and therefore best left to the professional? “Warren Buffett has shown this to be a myth,” says James Pardoe in his book “How Buffett Does It”. James Pardoe says in the book, which shares 24 simple investment strategies from the world’s greatest…
Read More about Choose simplicity over complexity“An investment operation is one which, upon thorough analysis promises safety of principal and an adequate return. Operations not meeting these requirements are speculative.” Source: Benjamin Graham, “The Intelligent Investor”
Read More about What is speculation?