/biz/ - Business & Finance

>>4437618
Okay

"There is nothing like writing to force you to think and get your thoughts straight" - Warren Buffett

If you can't write about it. you haven't really thought about it. This is why every year Warren sits down and writes a long letter to his shareholders explaining the past years events. This exercise has helped him immensely to fine-tune his thoughts on how to make billions. Writing about something makes you think about it, and thinking about creating billions, creating passive income streams, running a business, and living a fulfilling life is a good thing, which is why writing about it is a even better thing.

This guy walks up and slaps your portfolio's ass

How do you respond to this tough situation?

This thread is for the sharing of investment ideas and discussions about value investing.

>What is value investing?
Value investing involves buying stocks that trade at below their intrinsic value. When the stock market finds out, the prices rises and a gain is realised for the value investor. Value investing is used by such legendary investors as Warren Buffett and Peter Lynch.

Recommended reading
>Security Analysis by Benjamin Graham
https://torontoinvestclub.files.wordpress.com/2014/07/security-analysis-benjamin-graham.pdf

>The Intelligent Investor by Bejamin Graham
http://webcontent.harpercollins.com/text/excerpts/pdf/0060583282.pdf

>>1494116
>dream portfolio
KHC
The Kraft Heinz Co $85.97 -3.22
(-3.61%) 22.2% of portfolio.
WFC
Wells Fargo & Co $48.72 -1.18
(-2.36%) 17.5% of portfolio.
KO
Coca-Cola Co $42.27 -1.36
(-3.12%) 14% of portfolio.
IBM
International Bus... $155.69 -3.31
(-2.08%) 9.5% of portfolio.
AXP
American Express Co $65.12 -1.12
(-1.69%) 7.1% of portfolio.
PSX
Phillips 66 $77.86 -2.22
(-2.77%) 4.8% of portfolio.
USB
US Bancorp $43.41 -0.43
(-0.98%) 2.6% of portfolio.
DVA
DaVita Inc $63.65 -0.78
(-1.21%) 2.3% of portfolio.
WMT
Wal-Mart Stores Inc $70.3 -1.53
(-2.13%) 2.3% of portfolio.
MCO
Moody's Corporation $106.62 -3.32
(-3.02%) 1.8% of portfolio.
CHTR
Charter Communica... $264.12 -4.54
(-1.69%) 1.7% of portfolio.
DE
Deere & Co $82.23 -1.35
(-1.62%) 1.4% of portfolio.
GS
Goldman Sachs Gro... $168.57 -3.09
(-1.8%) 1.3% of portfolio.
AAPL
Apple Inc $103.13 -2.39
(-2.27%) 1.1% of portfolio.
GM
General Motors Co $30.48 -1.23
(-3.88%) 1.1% of portfolio.
VRSN
VeriSign Inc $74.86 -1.59
(-2.08%) 0.9% of portfolio.
USG
USG Corp $25.72 -1.76
(-6.4%) 0.8% of portfolio.
VZ
Verizon Communica... $51.82 -1.78
(-3.32%) 0.7% of portfolio.
BK
Bank of New York ... $40.93 -0.51
(-1.23%) 0.6% of portfolio.
V
Visa Inc $81.33 -1.64
(-1.98%) 0.6% of portfolio.
COST
Costco Wholesale ... $150.7 -2.77
(-1.8%) 0.5% of portfolio.
MTB
M&T Bank Corp $117.09 0.88
(0.76%) 0.5% of portfolio.
AXTA
Axalta Coating Sy... $28.16 -0.48
(-1.68%) 0.5% of portfolio.
SU
Suncor Energy Inc $26.89 -0.79
(-2.85%) 0.5% of portfolio.
LSXMK
Liberty SiriusXM ... $33.19 -0.75
(-2.21%) 0.5% of portfolio.
LBTYA
Liberty Global Group $31.53 -1.12
(-3.43%) 0.4% of portfolio.
KMI
Kinder Morgan Inc $22.12 -0.57
(-2.51%) 0.4% of portfolio.
MA
MasterCard Inc $98.15 -1.83
(-1.83%) 0.3% of portfolio.
TMK
Torchmark Corp $64.37 -0.48
(-0.74%) 0.3% of portfolio.
QSR
Restaurant Brands... $44.82 -2.07
(-4.41%) 0.3% of portfolio.

Can we talk about investment discipline for a minute? I'm tired of talking about memecoins or memeguard. I'm talking personal discipline not to cash out and buy a new car, how does /biz/ do it?

"Someone is sitting in the shade today because someone planted a tree a long time ago. The Conglomerate King Warren Buffett once quoted that, and judging by his amount of experience in the business field I'd conclude that he had more general knowledge than yourself my dearest chap, because he was the sole being that had given birth to Berkshire Hathaway. Then for the time afterward he perfected the company so when dominating the financial markets with another investors and business owners he would not lose money and ultimately bankrupt his company.

After he had completed collecting his funds from the bankrupt companies on the S&P 500 used for the means of stock trading, he proceeded to purchase two of the same species from the animalia kingdom located on the planet Earth which then he continued to guide them in an organized manner onto a relatively large vessel, where he proceeded to beat them senselessly for reasons unknown.

And since that day in history any time a significant amount of animals are in a single area of space it's referred to as a facility used for the means of storing wild animals for public use.

Except for the instance that the animals are stored on a privately owned plot of land where they are used for organic products, in which case that would be a farm.

How do I become like him?

"The key is to build your fortune is using the current tax rate structure to pay as little as possible. Once your fortune is made, you must advocate raising those rates, to make it as difficult as possible for others to follow you."

Was he right /biz/?

Redpill me on Warren Buffet. Reddit is sucking his dick right now, calling him 'one of the greatest men to have ever lived'

He's a boomer's wet dream.

Buffett's $55 Billion Gamble is a Bet on U.S. Collapse, Warns CIA Economist


Did Warren Buffett just make a $55 billion bet on an imminent market crash?

A single financial document has emerged that may hold the answer.

According to a new SEC filing, Buffett is sitting on $55 billion in cash through his company Berkshire Hathaway. This is highly unusual behavior from a man often called "the world's greatest investor."

It's the biggest cash hoard the company has ever amassed, in the 40 years he's been in charge.

At a cost of $29 million every single day he keeps his money out of the markets, from all outward appearances, this is a risky and costly gamble. Unless Buffett is sure a Wall Street crash is at our doorstep.

Read more here: http://moneymorning.com/ext/articles/rickards/55-billion-gamble.php?iris=252777

Is there any sense owning Berkshire shares?

I mean, Warren Buffet seems to know what he's doing. But he's also 200 years old. Is the firm going to go ass over head when he dies?