Ma ne ha bisogno? Non scherziamo. Mi sento in dovere però di rispondere agli amici italiani che pensano che Buffett abbia perso il tocco magico or “something of the sort”… Qualcuno mi ha addirittura telefonato qui in America, preoccupato. Sto leggendo “The Patriarch” by David Nasaw, biografia di Joseph P. Kennedy, il padre di JFK.…
And at last I felt to write down my “no surprise” feelings about what happened in March at Berkshire, and about what has been said at the Sharholders meeting last May the 2nd. “We didn’t find anything attractive”. In his own words continues: “That could change very quickly or it may not change”. It’s the…
I consider myself a student of Buffett and like all the good arts, the more you study the subject, the more you try to refine the art the more you feel you are just scratching the surface of something bigger and deeper. The more you know the more you feel you don’t know. And, like…
Your first approach to “Value” is critical. So it’s important to have and education about this as a young individual. Or, even if you don’t start very young, your first understanding of investing is equally important. I find totally unuseful to talk for hours with people that already think they know about stocks or investing…
Il futuro non e’ mai chiaro. Se aspettate che lo sia, siete già in ritardo per comprare azioni. Quando Wall Street naviga attraverso l’incertezza del momento è proprio quello il momento giusto per i migliori affari, per i migliori acquisti. “The future is never clear; you pay a very high price in the stock market…
Buffett since many years admitted he did change some of the “rules” he learned from Graham, and, most of all, he added new principles and concepts to investing, or better, to finding super-wonderful businesses. But you can’t really understand easily Buffett or Munger without having in mind the lessons of Graham before. Without studying and…
I was born september 15th 1976, 6 days later Ben Graham died, age 82. Graham still is, as he was, modern and old-fashioned at the same time. He reminds me of an italian quote :”Torniamo al passato, sarà un progresso”! that is “Let’s go back to the past, it will be a progress”! Especially when…
Many investors are acting on the stock market basing their decisions upon looking or thinking about what the others will do. And so it goes the same old story. “Let’s sell before they sell” they say.. Mr. Market is repeating himself, as the human nature always does historically, being what it is. Driven too much…
Non c’è nulla di sbagliato nel pensare in grande e nel credere in se’ stessi. Ho imparato cosi’ tanto da Buffett e ho lasciato che molti suoi consigli siano parte di me, che non ricordo nemmeno piu’ dove e quando ho sentito da lui per la prima volta frasi che sono diventate parte della mia…
The world doesn’t belong to the pessimistic. There’s nothing wrong in thinking big and there’s nothing wrong in being confident. I learned so much from Buffett and I let be part of me some of this simple knowledge, that I can’t even recall exactly from where and when I heard him saying the things that…