Happy Friday everyone. It’s time for all Buffett fans to come out and rejoice because it’s Buffett week.
Click on each heading to read the full story.
The best one is from Rap Genius where it goes into the hidden meanings of the letter.
Carol Loomis’ new book, Tap Dancing to Work, about her close friend Warren Buffett is an embarrassment of riches for investors. If the Oracle of Omaha’s most avid fans wanted just one volume about their hero, this might be it.
We all know that the prime investment vehicle for Warren Buffett is Berkshire Hathaway, situated in Omaha, Nebraska, but what is Berkshire Hathaway and how did Buffett get involved?
Keep Warren Buffett’s simple baseball analogy in mind: In stock picking, there are no called strikes — so investors should wait for a home run ball rather than just swinging for singles.
It’s pretty simple: Each time you buy a new company, your card gets punched. After 20 punches, you’re finished. No more stocks, ever.