During his recent interview with WealthTrack, Tom Russo explained how Warren Buffett and Charlie Munger life lessons are linked to investing. Here’s an excerpt from the interview: Russo: As far as the life lessons, there were countless over the years. But one of them is, how strange it is that … Read More
Tom Russo: The Genius Of Warren Buffett After Buying See’s Candies
In his recent interview with Richer, Wiser, Happier, Tom Russo discussed the genius of Warren Buffett after buying See’s Candies. Here’s an excerpt from the interview: Russo: And we actually were in a class where the lecture happened about the time he was moving to that next chapter. He had … Read More
Tom Russo: Invest In Companies Where The Customer Doesn’t Believe There’s An Adequate Substitute
In his recent interview with WealthTrack, Tom Russo explains why he invests in companies where the customer doesn’t believe there is an adequate substitute. Here’s an excerpt from the interview: Russo: Our portfolio companies would tend to concentrate as you’ve indicated on global consumer companies and businesses that provide consumers … Read More
Tom Russo: Warren Buffett’s #1 Strength
In his recent interview with Yahoo Finance, Tom Russo discussed Warren Buffett’s number one strength. Here’s an excerpt from the interview: Russo: It’s been amazing. Ever since I started to come, Warren, early days decried the inability for his investment style to embrace technology because of its inherent short shelf life … Read More
Tom Russo: The Benefits Of Selling To Berkshire Hathaway
In his recent presentation to CFA Society India, Tom Russo discussed the benefits of selling your business to Berkshire Hathaway. Here’s an excerpt from the presentation: I would say that what it means in general is that Berkshire may be better off in its goal of fulfilling its promise over … Read More
Thomas Russo: Berkshire Has The Least Amount Of Agency Cost Of Any Company I Follow
In his latest letter to investors, Thomas Russo discusses why he continues to hold Berkshire Hathaway saying, Berkshire Hathaway has the least amount of agency cost of any company I follow. Here’s an excerpt from the letter: Berkshire Hathaway and Nestlé remain key holdings with portfolio weights generally at least … Read More