"Reading and Concentration" (Notes)

Kaitlyn 2022-03-10 08:01:51

Film critics benefit

(1) I like reading very much, and I like to be quiet.

(2) You have only one body and one brain, and that is all you have.

(3) Fund - compound interest

(4) I got into business very early and I love the game, but I prefer to be my own boss.

(5) Berkshire is a diversified holding company with a number of different businesses, largely operating separately from its parent company, Berkshire.

We may have seventy or eighty businesses that operate independently.

(6) I want to be a millionaire by 30

(7) Apply to Harvard, enter Columbia University, mentor, Gray.

(8) The turning point in life - wife

(9) Speaking Ability - Dale Carnegie

(10) Investing skills, sit there and watch the market.

(11) The 35-year-old controls a $1.1 billion fund

(12) Investment Metrics: Look for companies with moats

(13) Do things ethically: don't cheat, I construct a business that suits me.

(14) I like to be quiet and spend 5-6 hours reading every day.

(15) Focus, like Bill Gates, he doesn't understand the physics of art, etc., and focuses on the business universe.

(16) Buffett's wife: looking for her own life, independent personality and spiritual independence.

(17) Companies that buy some businesses so that their own companies can grow (blue chips)

(18) Float

(19) Looking for companies with low valuations and valuable companies, holding shares, waiting for growth, and market value

Buffett's two investment rules:

Rule 1: Don't lose money

Rule Two: Don't Forget Rule One

Value Investing Philosophy: If You Buy Value, Good Results

Moody's Handbook: Look for Undervalued Stocks

View more about Becoming Warren Buffett reviews

Extended Reading

Becoming Warren Buffett quotes

  • Howard Buffett: When he wrote the letter to us, he put something in that letter that was incredibly important to me, which was exactly how our foundation behaves, which is, if you're gonna try to bat a thousand, you won't do very many things that are important. But if you're willing to basically strike out a few times, you can really change something big.

  • Warren Buffett: In my entire lifetime, everything that I've spent will be quite a bit less than one percent of everything I've made. The other 99% plus will go to others, because it has no utility to me.