I admire Warren Buffet’s humility: In the physical world, great buildings are linked to their architect while those who had poured the concrete or installed the windows are soon forgotten. Berkshire has become a great company. Though I have long been in charge of the… Read More
At the highest level, I agree with the premise of this tweet from The Real Estate God. The overarching argument is that one’s main criteria for selecting a real estate market in which to enter should be “the place with the least competition.” And the… Read More
One generally accepted investing adage is that you “make money on the buy”. Meaning, what you pay for an asset will largely determine your fate. Price matters a lot. Some/many would even argue that it’s the single most important thing when it comes to investing.… Read More
Perhaps the greatest lesson from Warren Buffet’s most recent letter to Berkshire shareholders is that, to be wildly successful, you only have to be right sometimes: In 58 years of Berkshire management, most of my capital-allocation decisions have been no better than so-so. In some… Read More
I have a great deal of respect for Warren Buffet. Much of what I know (or think I know) about investing has come from listening to and watching him and his partner Charlie Munger. Surely they have got to be the most successful investors living… Read More
I spent much of this morning reading about and listening to discussions about what’s happening in Ukraine and so, instead of a typical post this morning, I’m just going to share a mélange of links. Monocle 24 Foreign Desk episode talking about Russia’s invasion of… Read More
Warren Buffet’s annual letter to Berkshire Hathaway shareholders was just published for 2020. It can be downloaded here. I have made a habit out of reading his letter every year and his overall approach has been instrumental in shaping the way I think about investing.… Read More
This week the FT reported that Amazon is in “advanced talks” to acquire the self-driving startup Zoox. This would be Amazon’s first acquisition in the space, though it did lead a $530M funding round in Aurora in early 2019. Zoox last raised two years ago… Read More
The Wall Street Journal reported today that the median home price across the United States rose 8% year-over-year in March to $280,600. One explanation for this is that while, yes, demand did drop off, so too did supply and that has led to a shortage… Read More
I came across this interview with Warren Buffet over the weekend. It’s not new. But he does say some interesting things about how to negotiate. We all have to negotiate things in life. And we all have different approaches. Warren’s approach is both simple and… Read More
BRANDON DONNELLY 