latticeworkinvesting.com
Charlie Munger: Full Transcript of Daily Journal Annual Meeting 2016 – Latticework Investing
http://latticeworkinvesting.com/2016/02/13/charlie-munger-transcript-of-daily-journal-annual-meeting-2016
Charlie Munger: Full Transcript of Daily Journal Annual Meeting 2016. February 13, 2016. This week I had the great pleasure of hearing Charlie Munger speak at the Daily Journal Annual Meeting . It was my first time attending this mini-Berkshire style meeting. For just under two hours Charlie captivated the audience with his wisdom, quick whit, and great sense of humor. After the meeting, Charlie was very gracious with his time as he stayed for nearly an hour to talk with attendees and take pictures.
latticeworkinvesting.com
Haiku Review: Deep Value by Tobias Carlisle – Latticework Investing
http://latticeworkinvesting.com/2016/10/19/haiku-review-deep-value-by-tobias-carlisle
Haiku Review: Deep Value by Tobias Carlisle. October 19, 2016. Inspired by a recent trip to Japan, here are my 7 main insights distilled from Deep Value. By Tobias Carlisle, in Haiku form. Arigatou gozaimasu. 1 Risk: “A Bundle of Twigs Cannot Easily Be Broken”. Stocks perceived risky,. Find resilience when bundled. Have fewer down years. 2 Return: Buy the “Ugliest of the Ugly”. 3 Trust in Mean Reversion and Avoid Naive Extrapolation. Ignores the Base Rate. 4 Expand Your Time Horizon. Stay out of the way.
latticeworkinvesting.com
Quotes – Latticework Investing
http://latticeworkinvesting.com/quotes
Once described the secret of success as “take a simple idea and take it seriously.”. Our ideas are so simple. That people keep asking us for mysteries when all we have are the most elementary ideas Charlie Munger. 8220;That’s how we succeeded. Because we have open minds (and) common sense. A lot of analysis, careful weighing of the odds, make a firm decision, monitor it, implement it, modify as it goes wrong, abandon if it is no good.” – Lee Kuan Yew. When we really sit with a smile on our face is when w...
latticeworkinvesting.com
January 2017 – Latticework Investing
http://latticeworkinvesting.com/2017/01
Wall Street Journal Recap: January 17-22, 2017. January 23, 2017. My full notes and analysis on the Wall Street Journal from the past week: January 17-22, 2017 (Week 3). Please Enjoy. AIG paid Berkshire Hathaway $10 billion to bring “stability to their balance sheet” and gives them “greater certainty”. ( link. Translation: AIG paid a high price and Buffett got a bargain. China and Autocatalytic Reactions. 8220;GDP Stability”. IMF Raises Growth Forecast for U.S. Economy ( link. 8220;(China) is laboring to...
latticeworkinvesting.com
Lewis Screener: Abercrombie & Fitch and Michael Kors – Latticework Investing
http://latticeworkinvesting.com/2016/08/24/lewis-screener-abercrombie-fitch-and-michael-kors
Lewis Screener: Abercrombie & Fitch and Michael Kors. August 24, 2016. Abercrombie and Fitch (ANF). Featuring Michael Kors (KORS). Note: This analysis of ANF and KORS leans heavily on my personal stock screener. Last weekend I took a look at Abercrombie and Fitch and Michael Kors with the aid of my stock screener. It’s likely however that the market expects a coming decline in ROE. The market expectations derived from the screener show that KORS’s ROE will decline to somewhere between 14&...To determine ...
latticeworkinvesting.com
October 2016 – Latticework Investing
http://latticeworkinvesting.com/2016/10
Haiku Review: Deep Value by Tobias Carlisle. October 19, 2016. Inspired by a recent trip to Japan, here are my 7 main insights distilled from Deep Value. By Tobias Carlisle, in Haiku form. Arigatou gozaimasu. 1 Risk: “A Bundle of Twigs Cannot Easily Be Broken”. Stocks perceived risky,. Find resilience when bundled. Have fewer down years. 2 Return: Buy the “Ugliest of the Ugly”. 3 Trust in Mean Reversion and Avoid Naive Extrapolation. Ignores the Base Rate. 4 Expand Your Time Horizon. Stay out of the way.
latticeworkinvesting.com
Investment Lessons from a Master Sushi Chef – Latticework Investing
http://latticeworkinvesting.com/2016/12/19/investment-lessons-from-a-master-sushi-chef
Investment Lessons from a Master Sushi Chef. December 19, 2016. The best investment book I read this year didn’t come from a Wall Street whiz or hot shot finance professor, rather it came from Jiro Ono, a Master Sushi Chef. Yes, “the Jiro”, the one from the acclaimed documentary “Jiro Dreams of Sushi.”. As a result, I have distilled the book “Jiro Philosophy” down to its 12 core principles and relate each one to the investment philosophy of Buffett, Munger, and Graham. If you stray from the fundamentals.
basehitinvesting.com
Base Hit Investing | John Huber
http://basehitinvesting.com/author/johnhuber
Posts by: "John Huber". Weekend Reading: WeChat’s Huge Moat in China. August 15, 2016. Middot; Add Comment. This is just a quick post on some interesting articles I read over the weekend as I caught up on some newspaper reading. There were a couple recent pieces (one in the Economist and one in the NY Times) on WeChat, the Chinese messaging app that now boasts over 700 million users. WeChat is also generating [.]. Reinvestment Moat Follow Up: Capital Light Compounders. August 1, 2016. July 25, 2016.
basehitinvesting.com
Charlie Munger Comments and the Art of Stock Picking | Base Hit Investing
http://basehitinvesting.com/charlie-munger-comments-and-the-art-of-stock-picking
Risk and Portfolio Management Similarities between Joel Greenblatt and Stanley Druckenmiller. Michael Burry: Focus on Bargains and not Stock Market Valuations. Charlie Munger Comments and the Art of Stock Picking. April 27, 2015. Charlie Munger is not only insightful, but he’s an entertaining guy to listen to. These Munger comments below were compiled by Aznaur Midov. From the annual meeting for Daily Journal Corporation, a company that Munger chairs. Munger had this story when asked to identify a moat:.
basehitinvesting.com
Walter Schloss 1973 Forbes Article & How To Outperform the Market | Base Hit Investing
http://basehitinvesting.com/superinvestors/walter-schloss
Case Study-The Story of GEICO, Graham, and Buffett. Thoughts on Diversification vs. Concentration. Walter Schloss 1973 Forbes Article & Two Ways to Outperform the Market. May 18, 2013. I just read an old Forbes piece on Walter Schloss:. Making money out of junk. As many regular readers know, Schloss is one of my all time favorite investors. Read more about Schloss on my resource page. And also check the Walter Schloss category. Here are some key takeaways from the interesting Forbes piece. They did exten...
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