Money and Finance
- A Few Related Quotes...
As I came across the Russo quote below again, I was reminded of a few others, so I thought I'd group them together. From Tom Russo:…what I have observed about the really great investors is the simple decisions that they end up having to make...
- Berkshire Profit Benefits From Shift To Rail, Utilities
Warren Buffett’s shift toward businesses like railroads and power production that provide steady profits is paying off for his Berkshire Hathaway Inc. Earnings from Burlington Northern Santa Fe and MidAmerican Energy Holdings accounted for $1.46 billion,...
- Tom Russo Quote
“I consider myself to be a farmer—not a hunter. And I think most people on Wall Street are hunters. They like to fell big beasts and I’m very comfortable planting a few rows and just tending to them carefully.” –Tom Russo, May 2012 Interview...
- Random Links
Just a bunch of random things that might be worth reading if you've never come across them: An Hour with Mr. Graham All Strategy Is Local Jeremy Grantham: July 2006 Letter, which includes Everything I Know About the Market in 15 Minutes - Or...
- Considering Management's "capacity To Suffer"
Earlier this week, Brattle St. Capital shared an interview transcript (originally posted on ValueWalk) with noted investor Tom Russo in which Russo discussed the importance of investing in companies with management teams that have the "capacity to suffer":...
Money and Finance
Learning from Superinvestors: The Wisdom of Tom Russo
Tom Russo on the First Factor to Look at when Analyzing a Company
Thomas A. Russo (transcript): “Well for me it would be the people. It would be who owns it and then it would be kind of who runs it, what’s the quality of the management team—it’s very much people driven analysis. On the ownership side is if there is a strong holder who is likeminded in their long-term outlook I would find that to be a very early positive indicator that justifies setting out to do more work. If I found on that first test that there was something about the management that left me feeling it was opportunistic or short term driven I probably won’t embark on the analysis that follows. Threshold screening would be caliber of owners and then the management that follows.”
- A Few Related Quotes...
As I came across the Russo quote below again, I was reminded of a few others, so I thought I'd group them together. From Tom Russo:…what I have observed about the really great investors is the simple decisions that they end up having to make...
- Berkshire Profit Benefits From Shift To Rail, Utilities
Warren Buffett’s shift toward businesses like railroads and power production that provide steady profits is paying off for his Berkshire Hathaway Inc. Earnings from Burlington Northern Santa Fe and MidAmerican Energy Holdings accounted for $1.46 billion,...
- Tom Russo Quote
“I consider myself to be a farmer—not a hunter. And I think most people on Wall Street are hunters. They like to fell big beasts and I’m very comfortable planting a few rows and just tending to them carefully.” –Tom Russo, May 2012 Interview...
- Random Links
Just a bunch of random things that might be worth reading if you've never come across them: An Hour with Mr. Graham All Strategy Is Local Jeremy Grantham: July 2006 Letter, which includes Everything I Know About the Market in 15 Minutes - Or...
- Considering Management's "capacity To Suffer"
Earlier this week, Brattle St. Capital shared an interview transcript (originally posted on ValueWalk) with noted investor Tom Russo in which Russo discussed the importance of investing in companies with management teams that have the "capacity to suffer":...