So, if Value has to be found, what does price is there to say? For stocks price will not tell you that much about the company, the business, the going-on concern value. (That is the value we try to calculate or find for something that produces an inflow (and outflow) of cash. The “numbers” (accounting…
“..Value is what you get”. Just yesterday evening I’ve been asked a question that’s critical: “How do you know when is the moment to buy a stock?” It’s a very good question, let’s try to answer. When you buy a business you want to assess a Value for this business. If someone shows you a…
I would like a little bit to talk about America and why I found so useful for me to learn from Warren and so enjoyable to spread his word to others. Without a true natural passion for everything that was coming from the States since ever, I would have never known about Warren Buffett. He…
Dal 15 settembre 2008 al 7 / 8 ottobre 2008 in un momento in cui nessuno comprava nulla e tutti vendevano azioni Warren impiegava 13 miliardi di dollari (e altri 3 miliardi erano “committed to the dow” e saranno impiegati) per un totale di 16 miliardi. Primo insegnamento: era pronto a comprare. Perchè si riserva…