Warren Buffett and Charlie Munger always deliver useful lessons in how to think about investing, including an honesty in talking about their own mistakes and misses.
Tag Archives | Warren Buffett
Founder-led companies and ‘entrepreneurial investors’ make better, calculated judgements and tap into experiences which give them an advantage over more conservative investors.
Australians love dividends and complain when a company cuts its payouts. But neither Amazon not Berkshire Hathaway are ever likely to pay a dividend, and it doesn’t bother most of their investors.
Amazon is changing retailing, and Jeff Bezos has driven his company with paranoid customer focus and 4 rules that avoid going into a death spiral. How many big companies are capable of adopting them?
It might be intuitive to think shares are more resilient to the effects of inflation than other asset classes, but as Warren Buffett warned in 1977, it could work the other way.
Ben Graham’s brilliant investment insights have served investors well since the 1940s, including Buffett. But many companies are different today and it makes sense to update and move on.
One minute from Buffett on his simple reason for giving his money away.
Warren Buffett on equality of opportunity for women (and more).
Warren Buffett is arguably the most successful investor of the 20th century and one of the more influential people in the world. Here are some of the highlights from the Oracle of Omaha’s 2013 newsletter.
Buffett on economic moats, philanthropy and wealth disparity (8 minutes).
Prices often diverge significantly from that which is justified by the economic performance of the business, but in the long term, prices eventually converge with intrinsic values. It’s the difference between voting and weighing.
In the short term, the market is a popularity contest, where prices often diverge significantly from that which is justified by the economic performance of the business. But in the long term, prices follow business performance.
* Warren Buffett’s annual report to Berkshire Hathaway shareholders was released last week. Here’s a link, always worth reading.
* Graham Tuckwell of ETF Securities has donated $50 million to the ANU. Here’s an extract from Warren Buffett’s letter on giving away his wealth.
* In 2008, Warren Buffett made a 10-year bet that an S&P500 index fund would outperform a group of hedge funds. So far he’s winning.