During their recent episode, Taylor, Carlisle, and Alex Morris discussed Buffett’s PetroChina Investment. Here’s an excerpt from the episode: Tobias: I remember PetroChina being– And I’d been sort of interested in Buffet and Munger for about five years by that point when PetroChina happened. And I remember it being a … Read More
Peter Lynch: What Truly Separates Good Investors from the Mediocre
In his book – Learn to Earn, Peter Lynch explains that a twenty-year investment horizon is ideal for stock market success, allowing time to recover from downturns and accumulate profits. Historically, stocks have returned 11% annually, turning $10,000 into $80,623 over two decades. Achieving this requires unwavering loyalty to stocks, treating … Read More
Warren Buffett: The Secret to Great Business Returns: Stability Over Decades
In his 1987 Berkshire Hathaway Annual Letter, Warren Buffett discussed the value of stability in businesses, arguing that severe change and exceptional returns rarely coexist. Many investors chase exotic, rapidly evolving companies, imagining future profitability while ignoring current realities. In contrast, Buffett highlights that the best returns often come from … Read More
Warren Buffett: The Moment That Transformed My Investment Strategy for Success
During this interview with Charlie Rose, Warren Buffett describes his early fascination with stock trading, starting at age 11. Initially, he focused on predicting stock price movements using technical analysis and charts, immersing himself in books like Edwards and McGee. For years, he believed success depended on forecasting the stock … Read More
Warren Buffett: We Prefer Businesses That Are Drowning In Cash
In the 2008 Berkshire Hathaway Annual Meeting, Warren Buffett explained that investment involves assessing an asset’s potential to generate future returns, focusing on its fundamentals rather than market speculation. He highlights the importance of understanding a business’s nature and financial statements to predict its future performance. Buffett shares his approach … Read More
Warren Buffett’s Mindset – Would You Hold This Stock if the Market Closed for 5 Years?
During the 1997 Berkshire Hathaway Annual Meeting, Warren Buffett explained why he focuses more on the intrinsic value of businesses rather than market trends or capital flows. He dismisses the significance of who is buying or selling securities or macroeconomic indicators, such as market signals or Federal Reserve actions, as … Read More
François Rochon’s Formula for Finding Great Businesses
During this interview with MOI, François Rochon explains how he identifies great businesses through a combination of quantitative and qualitative analysis. He begins by reviewing past performance metrics such as return on capital, margins, debt levels, and profit quality to find strong companies. However, he acknowledges that past performance alone … Read More
Cyclical Compounders and Market Opportunities
During their recent episode, Taylor, Carlisle, and Gwen Hofmeyr discussed Cyclical Compounders and Market Opportunities. Here’s an excerpt from the episode: Gwen: So, I really love cyclical compounders, just because in the course of business, you’re just going to have these periods where there’s some broad uncertainty related that’s impacting … Read More