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Around the turn of the millennium, with $NVR soaring (and Lou not selling), Lou became more of an acolyte of the Munger and Buffett style of investing
Specifically, he liked Buffett's "punch card" metaphor that you won't find more than 20 high-quality businesses that you understand in your... See more
Chit Chat Stocksx.com
In Berkshire Hathaway’s 2007 letter, Warren Buffet groups businesses into 3 categories: The Great, the Good and the Gruesome.
This is something every investor should read.
1. The Great https://t.co/IZSIjaeqIw
The Essays of Warren Buffett: Lessons for Corporate America, Fourth Edition
amazon.com
There's More to Warren Buffett's Game Than Just Picking Great Stocks
wsj.com
There are very few Level 5 investors, but Warren Buffet is certainly among them. Buffett has steadily increased his public presence over the last several decades and he was even more present in the media than usual during the 2008 financial crisis. He regularly went on CNBC and Charlie Rose to try to calm market participants and encourage Congress... See more
A WSJ article on Warren Buffett.
It’s worth the read https://t.co/7yqN1kv2OT
It is not easy to buy a good insurance
business, but our experience has been that it is easier to buy
one than create one. However, we will continue to try both
approaches, since the rewards for success in this field can be
exceptional.
business, but our experience has been that it is easier to buy
one than create one. However, we will continue to try both
approaches, since the rewards for success in this field can be
exceptional.
Chairman's Letter - 1978
WARREN BUFFETT Founder and CEO, Berkshire Hathaway