Warren Buffett’s thoughts – Page 4

Warren Buffett is set to win this US$500,000 wager

April 17, 2017

Background on Warren Buffett’s US$500,000 wager: Warren Buffett said in Berkshire’s 2005 annual report that active investment management by professionals – in aggregate – would over a period of years underperform the returns achieved by rank amateurs who simply sat still. Recalling his argument, he said in his FY2016 letter to Berkshire Hathaway shareholders: “I explained…

Warren Buffett graces Cherry Coke cans

April 4, 2017

“It should come as no surprise that iconic investor Warren Buffett is one of the world’s best-known fans of Cherry Coca-Cola. At almost every public appearance for a generation, Buffett has been seen taking a swig of his favorite drink,” says a March 31, 2017 article (Chinese Consumers Do a Double-Take as Warren Buffett Graces…

How Berkshire Hathaway selects a new director

March 9, 2017

Berkshire Hathaway’s four long-standing criteria in selecting a new board director: owner-oriented, business-savvy, interested and truly independent. Chairman Warren Buffett said: “I say “truly” because many directors who are now deemed independent by various authorities and observers are far from that, relying heavily as they do on directors’ fees to maintain their standard of living….

When it comes to stocks, Berkshire Hathaway looks for wonderful companies

March 7, 2017

“Woody Allen once explained that the advantage of being bi-sexual is that it doubles your chance of finding a date on Saturday night,” Warren Buffett said in his FY2015 letter to Berkshire Hathaway. Why did the Berkshire Hathaway chairman say this? “In like manner – well, not exactly like manner – our appetite for either…

How the Superinvestors did it

January 24, 2015

Time: May 17, 1984. Legendary investor Warren Buffett was making a speech at a seminar at Columbia Business School to celebrate the 50th Anniversary of the publication of Benjamin Graham and David Dodd’s Security Analysis. A blurb in the article, The Superinvestors of Graham-and-Doddsville (By Warren E. Buffett), based on the speech by Warren Buffett,…

Who’s Walter Schloss?

January 14, 2015

American investor Walter Schloss (August 28, 1916 – February 19, 2012) was another famous disciple of the Benjamin Graham school of investing. The noted value investor died in 2012 of leukemia. Walter Schloss was another great example that disproved the notion that the market was efficient. Talking of market efficiency, here’s a notable quote from legendary investor Warren…

Economic moats checklist

January 13, 2015

“A moat is a deep, broad ditch, either dry or filled with water, that surrounds a castle, fortification, building or town, historically to provide it with a preliminary line of defence.” – Wikipedia. Legendary investor Warren Buffett coined the term “moat” in finance. A company needs a moat to protect its profitability and to fence itself…

Warren Buffett: America Has The Secret Sauce

January 2, 2015

A December 31, 2014, report, Warren Buffett On Why America Has The ‘Secret Sauce’, quoted Warren Buffett as reiterating this when asked about why he’s bullish on America: “The luckiest person ever born in the history of the world is the baby being born in America today. We have the secret sauce, and it unleashes human potential…

When Warren Buffett and Charlie Munger buy stocks…

December 18, 2014

In his letter (dated February 28, 2014 for FY2013) to Berkshire Hathaway shareholders, Warren Buffett shared some thoughts about investing in one section. In a sub-section, he gave pointers on the analysis involved in buying stocks. Warren Buffett said: “When Charlie and I buy stocks – which we think of as small portions of businesses…

Warren Buffett’s investment tales

In his letter to Berkshire Hathaway shareholders on February 28, 2014 for FY2013, Warren Buffett, among other things, shared “Some Thoughts About Investing”. To illustrate certain fundamentals of investing, Warren Buffett told two tales in the letter. The two tales are about two small non-stock investments that Warren Buffett made long ago. “Though neither changed…