Money and Finance
- Key Checklist Items
In his review of Atul Gawande's book The Checklist Manifesto a few years ago, John Kay wrote: Mr Gawande discovered that the good checklist is short but not too short. If the list is long, none of the items on it are taken very seriously....
- Growth In Earnings And Return On Capital...
From Warren Buffett's 1985 Letter to Shareholders: When returns on capital are ordinary, an earn-more-by-putting-up-more record is no great managerial achievement. You can get the same result personally while operating from your rocking chair. Just...
- Buffett Disciple Mohnish Pabrai On Bank Of America, Citi, Google, And Hyundai
Link to article: Buffett Disciple Mohnish Pabrai on Bank of America, Citi, Google, and Hyundai“I have heard [Warren Buffett’s business partner] Charlie Munger more than once say that a well-diversified portfolio needs four stocks,” says Pabrai,...
- Giverny Capital – 2013 Letter To Partners
Link to letter: Giverny Capital – 2013 Letter to PartnersSince 1993, the cornerstone of our investment philosophy is based on Benjamin Graham’s book “The Intelligent Investor”, first published in 1949. In it, Graham wrote: “In the short...
- Recent Buy - Apple (aapl)
Hi Everyone, The buys keep piling up this month. For all you readers out there waiting for the dividend income post, I've got bad news... you are going to have to wait a bit longer. I have another buy post coming after this one...
Money and Finance
Warren Buffett quote
“Your goal as an investor should simply be to purchase, at a rational price, a part interest in an easily-understandable business whose earnings are virtually certain to be materially higher five, ten and twenty years from now. Over time, you will find only a few companies that meet these standards - so when you see one that qualifies, you should buy a meaningful amount of stock. You must also resist the temptation to stray from your guidelines: If you aren't willing to own a stock for ten years, don't even think about owning it for ten minutes. Put together a portfolio of companies whose aggregate earnings march upward over the years, and so also will the portfolio's market value.” –Warren Buffett (1996 Letter to Shareholders)
- Key Checklist Items
In his review of Atul Gawande's book The Checklist Manifesto a few years ago, John Kay wrote: Mr Gawande discovered that the good checklist is short but not too short. If the list is long, none of the items on it are taken very seriously....
- Growth In Earnings And Return On Capital...
From Warren Buffett's 1985 Letter to Shareholders: When returns on capital are ordinary, an earn-more-by-putting-up-more record is no great managerial achievement. You can get the same result personally while operating from your rocking chair. Just...
- Buffett Disciple Mohnish Pabrai On Bank Of America, Citi, Google, And Hyundai
Link to article: Buffett Disciple Mohnish Pabrai on Bank of America, Citi, Google, and Hyundai“I have heard [Warren Buffett’s business partner] Charlie Munger more than once say that a well-diversified portfolio needs four stocks,” says Pabrai,...
- Giverny Capital – 2013 Letter To Partners
Link to letter: Giverny Capital – 2013 Letter to PartnersSince 1993, the cornerstone of our investment philosophy is based on Benjamin Graham’s book “The Intelligent Investor”, first published in 1949. In it, Graham wrote: “In the short...
- Recent Buy - Apple (aapl)
Hi Everyone, The buys keep piling up this month. For all you readers out there waiting for the dividend income post, I've got bad news... you are going to have to wait a bit longer. I have another buy post coming after this one...