Hey Reader,
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Warren Buffett once said, “Nobody buys a farm based on whether they think it’s going to rain next year. They buy it because they feel good about owning it over 10 or 20 years.”​
Why it matters. Invest in businesses you’d hold for decades, not stocks you’d flip next quarter. Ignore short-term noise and focus on durable companies.

In today's issue:

• Warren Buffett explains his approach to valuing a company.
• Google is fighting back against the rumors Search is coming to an end.
• Moats and balance sheets, important ways to analyze both.
• Much more.....

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💎NUGGETS

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My Favorite Finds

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🎥 Warren Buffett on how to value a company.

📖 The rumors of Google Search ending might be premature. Check out the interview with Sundar Pichai, Google CEO.

📖 Breakdown of the Health Care Industry and how AI could impact the future of health care.

📖 How to think about Moats and Balance Sheet health from Todd Wenning of Flyover Stocks. Important topic not discussed enough.

📖 Great investors think in probabilities. Here's how we can become better at it.

📖 Base Rate book from Michael Mauboussin, worth reading at least once a year.

🔍Question of the Week

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📖Knowledge Tidbits

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The Investing for Beginners Podcast @IFB_podcast The Dean of Valuation Aswath Damodaran with a masterclass on investing: 10:9 AM • Jun 8, 2025 865 Retweets 4029 Likes Read 22 replies

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Thanks,
Dave Ahern
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​einvestingforbeginners.com​
​Investing for Beginners Podcast​

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