Hey Reader, In today's issue:
💸Sponsored by: Value Spotlight Investing is hard. Trying to pick individual stocks takes time and effort. But what if you could find someone to do the work for you? Well.....that's exactly what Andrew does at Value Spotlight. He spends time reading the financials, listening to earnings calls, analyzing the industry, valuing companies, and considering the potential downside. All the necessary ingredients to buy individual companies. Outsource your investments and save time for what you want to do with Value Spotlight. 💎NUGGETS My Favorite Finds 💰 Subject line; 🎥 Saturday was Woodstock for investors with the Berkshire Hathaway annual meeting. Here our friend Thomas Chua shares a link to the video and transcript. Big news at the end. 📖 Great breakdown of Buffett leaving and Greg Able taking over. 🎥 CNBCs archive of Berkshire Hathaway meetings from 1994 to present. Great background noise per Jake Tayler of Value after Hours. 📖 Buffett: Read the Footnotes. Great article from Adam Mead, one of the foremost Berkshire experts. 🎥 Answering the question: Is Berkshire Hathaway Still a Good Investment? 📖 Complete collection of Buffett's writings. Well worth your time. 🔍Question of the Week
📖Knowledge Tidbits
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Hey Reader,Did you know Chuck Akre coined the term "compounding machines" to describe businesses that can reinvest their earnings at high rates of return over long periods. He prioritizes companies with durable competitive advantages like Visa, Mastercard, and American Tower. In today's issue: How to analyze a balance sheet < 2 minutes Breakdown of the Health Care Industry The ups and downs of buying the dip Much more. 💸Sponsored by: Finchat.io FinChat only runs two sales per year. One on...
Hey Reader,One of my favorite Charlie Munger quotes and it still resonates: Over the long term, it's hard for a stock to earn a much better return than the business which underlies it earns. If the business earns 6% on capital over 40 years and you hold it for that 40 years, you're not going to make much different than a 6% return -- even if you originally buy it at a huge discount. Conversely, if a business earns 18% on capital over 20 or 30 years, even if you pay an expensive-looking price,...
Hey Reader,Did you know that Buffett's initial American Express investment returned 124% in just 2.5 years - While the broader market (Dow Jones) declined by 6% during the same period, Buffett's contrarian bet paid off dramatically by 1967 when the stock more than doubled from his average purchase price of $41.22 to $92.50. In today's issue: Brian Stoffel breaks down how to read the cash flow statement. Warren Buffett's thoughts on tariffs and trade from 2003. Pricing and peer groups from...