Tag Archive: Warren Buffet

Warren Buffet: about Management, moats, and the certainty of future earnings

This is excerpt from Bershire Hathway annual meeting in 1999 regarding Management, moats, and the certainty of future earnings from Warren Buffet and Charlie Munger The moat and the management are part of the valuation process, in that they enter into our thinking as to the degree of certainty that we attribute to the stream of income — stream of cash, actually — that we expect in the future and the amount of it.   I mean it is, you know,…
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Berkshire Hathaway Shareholder Meeting in 2012

Did you believe the CEO of any financial organization can also be the chief risk officer. Does the future ceo will be chief risk officer? I do believe CEO of financial organizations should also be chief risk officer. I am the chief risk officer of Berkshire. My successor will have the same responsibility, and we will not select who does not have the ability. It is not an impossible job. Berkshire can act in speed that is rare among corporations….
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How to Survive in Volatile Stock Market by using Crab Boat Model

When I went to Puerto Galera island every time, I need to take a crab boat from Batangas pier. During traveling in the ocean, the waves are always big. The genius part is that the crab boat has two bars in its two side, just like people has two legs, which enable the Crab boat sailing smoothly and safely.  JP Morgan once said market is always fluctuating. In Chinese stock market, the market is even more volatile comparing to the…
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Investment Wisdom from Buffet Letter to Berkshire Shareholder in 2017

Each year, after Warren Buffet took office in Berkshire, he will write a letter to shareholder together with annual report. In this letter, Warren not only summarize the performance of Berkshire in the past year, but also brief his investment philosophy. It’s a holy bible to every value investor. In Feb 26, 2017, Warren Buffet released latest letter to the world as usual. Numerous of critics or news have reported and analyzed for the letter, so I don’t want to…
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Some Thoughts on Business from Maslow’s Hierarchy of Needs Perspective

Human has variety of needs and desires in all their life, and companies are set up to serve all these different needs. With the development of society, people pursue more than ever before, that’s why numerous new startups were built every year. Some companies are dedicated to develop continuous competitive strengths for satisfy a certain people needs for long term growth and profit, however, there are also many companies change from one area to another, always trying to pursue the most…
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True Investment Lesson from Warren Buffet

As the world moving towards inflation age, every government want to print more money to solve certain problems. The fast increasing new money made normal people lose their purchase power, and every one is eager to find out a way to maintain their current wealth. So many investment managers are showing people of different investing ways, such as gold, oil, P2P, stock, real estate, etc, and promising huge returns in a short time. The result is always turned out that…
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