Legendary value investors' secrets
December 21, 2024
Berkshire Hathaway
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 sauceBenjamin Graham's thoughts
“Fear is the foe of the faddist, but the friend of the fundamentalist.” – Warren Buffett So the global stock markets, led by the US, are plunging. On August 1 and 2, 2024, Wall Street took a big hit. On August 2 (Friday itself), the Dow Jones Industrial Average dived some 610 points, or 1.5…
Read More about Stock markets plunging? Should you panic?Investment philosophy
Is 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 complexityBooks
How Warren Buffett Does It Choose simplicity over complexity; Make your own investment decisions; Maintain proper temperament; Be patient; Buy businesses, not stocks; Concentrate your stock investments; View market downturns as buying opportunities; Take a close look at management; Practice independent thinking; Stay within your circle of competence; Understand Mr Market and the Margin of Safety;…
Read More about How Warren Buffett Does It