Warren Buffett published his now famous annual letter to Berkshire Hathaway’s shareholders on Saturday February 22nd 2020. He’s known to communicate openly both good and bad. Buffett uses a rule when writing his annual letter: […]
It’s dynamite to start with things that can expire and become worthless. For example: buy options of Coke thinking that the stock is attractive. Borrowed money usually leads to trouble. Once you start focusing on […]
National Indemnity purchase in 15 minutes Warren Buffett is known to make a decision to buy a business in very short period of time. The following is his story of how he bought his first […]
People always want a formula. They go to the Intelligent Investor and think somewhere they are going to find a little formula.
It really doesn’t work that way.
You can’t look around for people to agree with you. You can’t look around for people to even know what you are talking about. You have to think for yourself.