As every year, I enjoyed watching the Berkshire Hathaway Shareholders Meeting. (Here are my live-tweets.) Here is what I learned this year: Remember that cash has option value Berkshire currently holds $125 billion in cash. They have not spend any of it this year. First, Buffett seems to be quite cautious and conservative at this…
Tag: Personal Finance
26 Ideas to Save Money
Below is my list ideas to save money. A lot of the ideas came from other fellow readers — that means you. Enjoy! 1. Focus on the big ticket items:Don’t optimize the tiny things, before you have your 2–3 big ticket items in order. Usually these are your rent, your car, or healthcare expenses. 2. Rent:– If…
How to save money
I am deeply passionate about efficiency. And I love to apply this passion to money: For the first few years of running Trigami, my take-home salary was 2500 CHF per month, so I was forced to master the money-game very early on. From that, I saved 1000 CHF per month and paid back my 25’000…
Why home-ownership is a bad idea
A couple of years ago I almost bought a house. The mortgage was ready. The seller had chosen me as his #1 buyer. I simply needed to say yes and sign the papers. Due to some dumb luck I got distracted, then got cold feet and finally backed off. Thank you, Dear Universe, for the…