What to do with high inflation and rising interest rates? Should we change our investment approach for 2022? Let’s learn what Warren Buffett has to say on this topic. Original question by Marcus: I am curious to understand how the current prospect of inflation and likely increases in the central bank interest rates will impact…
Tag: Warren Buffett
Key Takeaways from Warren Buffett and Charlie Munger at 2021 Berkshire Hathaway Annual Shareholder Meeting
1/ There is so much to learn from Warren and Charlie, but it’s good to remember that their approach is just one of many possible approaches. It’s not the only one. 2/ We can learn a lot about patience, rationality, and timeless principles: only buy what you understand a stock is part ownership of a…
Show up for a decade
“Most people overestimate what they can do in one year and underestimate what they can do in ten years.” — Bill Gates Good things take time A human needs 20 years to grow into an adult A tree needs 10 to 30 years to reach full size An olive tree needs 65 to 80 years…
Takeaways From Warren Buffett’s 2020 Berkshire Hathaway Shareholders Meeting
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…
Investing Lessons from Running a Startup
[This is an edited version of a talk I recently gave at a MOI Global event.] I’d like to share some of the lessons I learned from being a startup founder, and how these can be applied to investing: Lesson 1: I’m a better investor because I was a founder As Warren Buffett famously said:…
Hell Yeah or No
Four words. This is the simplest and most useful decision making concept I have come across. I reflect on it regularly and it helps me to say “no” with more conviction. If you’re not saying “HELL YEAH!” about something, say “no”. When deciding whether to do something, if you feel anything less than “Wow! That…
How to Identify Great Capital Allocators?
This was the topic at the recent MOI Global Zurich chapter dinner I attended. Here I summarize my notes and thoughts on this topic. I understand capital allocation as follows: How do companies spend their limited resources, be it capital, time, or mental resources, so that they create the maximum amount of value per invested…
The Key Principles of Value Investing
The style of investing that speaks most to me is value investing, as practiced by Warren Buffett and Benjamin Graham. I’m often asked: “What is value investing exactly?” Here is my understanding of the core principles: Have more purchasing power in the futureThe goal of all investing is laying out money today, so that you…
What I Learned at Warren Buffett’s 2019 Berkshire Hathaway Shareholders Meeting: Plus A Complete Guide on How to Attend
It took me 11 years after becoming a Warren Buffett enthusiast to finally attend my first Berkshire Hathaway Annual Meeting in Omaha, Nebraska. Here are my notes and my guide for first-time attenders. Key Learnings from 2019 Meeting Write down your thesisBefore you buy a stock, write down: “I’m buying this company for [insert market…
Warren Buffett MBA-Talk
Recently I listened to this very interesting MBA-Talk with Warren Buffett: Warren only invests in stuff that he understands He doesn’t trade, he invests! His main decision making source is Annual Reports He only buys at a “good price” He only buys things with the intention to hold them forever (no rule without exception) He…