Price matters. Compounded returns are significantly affected by starting valuations. Chuck Akre Tencent’s Wide Moat – Presentation by John Huber (Saber Capital) at the Manual of Ideas Wide Moat Investing Summithttp://sabercapitalmgt.com/wp-content/uploads/2013/03/Tencents-Wide-Moat-Manual-of-Ideas-2017.pdf The Difference Between Intelligent Fanatics and Outsiders by Ian Casselhttp://bit.ly/30ptwTj BMW Takes on VW and Tesla With $36,400 Electric Mini Cooperhttps://bloom.bg/2NGoTml Doc-lite: The New […]
Month: July 2019
Bits & Pieces – Anatomy of a 350 Bagger (See Below)
The speed at which a business’s success is recognized, furthermore, is not that important as long as the company’s intrinsic value is increasing at a satisfactory rate. In fact, delayed recognition can be an advantage: It may give us the chance to buy more of a good thing at a bargain price. Warren Buffett But, […]
Bits & Pieces
“Indeed if you aren’t certain that you understand and can value your business far better than Mr. Market, you don’t belong in the game. As they say in poker, “If you’ve been in the game 30 minutes and you don’t know who the patsy is, you’re the patsy.” Warren Buffett “Generally speaking, I think if […]