In the 2007 Berkshire Hathaway Annual Report, Warren Buffett discussed the difference between great businesses, good businesses, and gruesome businesses. Buffett summarizes it like this: Let’s break down
Buffett Finds His First Love On the week of December 6th 1951, thousands of financial professionals received in their mail that week’s issue of The Commercial and Financial
You don’t have to search too far to find the many parallels that exist in successful businesses. Leadership, Culture, People; all are examples of things we find time
In 1965 Warren Buffett’s partnership, then known as the Buffett Partnership, took control of a textile company named Berkshire Hathaway. The company was destined to go out of
While increasing regulations on financials have made investment far safer and less volatile, it has also made seeking alpha far more difficult. To earn higher returns on their
True Rags to Riches stories are actually few and far between. We often hear of the biggies; the Jeff Bezos’ story, the Bill Gates story, the Steve Jobs’
“It may not be ‘cool’ or sophisticated to operate in a low capability field, but ‘contrast’ is optimised by being a super performer, in the weakest of fields.”
Many of the great Investors have left their mark on our investment world. Some have been innovators, others have been pioneers and all have been performers. And unsurprisingly,
When Howard Schultz opened his first coffee store in Seattle, he strove to replicate the experience of the coffee houses he’d visited in Italy; a place where people
Retailing is hard. Staying on top of the industry for decades is even harder. Particularly when the products you sell are technology based and always changing. Which begs
A Grilled Buffett In 2009, the US government was in full panic mode after experiencing one of the worst economic bubbles in history. The government established the Financial
If there is one stock in America you could buy outside Berkshire Hathaway, Charlie Munger’s advice is to choose Costco. He sits on the board. Not surprising Charlie
Whilst I’m a long-time avid follower of all of the Investment Masters, and I have to say a veritable devourer of their collected wisdom, there is nothing more
One of the traits that sets the Great Investors apart is the ability to be grounded – to remain calm under pressure and sensible when things get hairy.
Many people assume Warren Buffett‘s investment strategy is a big secret–but it’s actually not a secret at all. In fact, Buffett has included his investment criteria in the
If successful investing was as easy as acting on the headlines of the financial press or the latest stockbroker bulletin, we’d all be wealthy indeed. Very wealthy and
Walmart, Costco, Home Depot. You’ve heard of them no doubt? Together, they’re recognised as the world’s largest retail and hardware chains and believe it or not, all three
Not many investors have been likened to Warren Buffett in their investment career. Besides numerous other aspects, you would need to have an incredible track record for one,
