The Finix School

22/07/2020

There’s no “degree of difficulty” factor in investing
Warren Buffett explains why he prefers to stay away from more difficult investments.

https://zcu.io/5SdY

Warren Buffett explains why he prefers to stay away from more difficult investments.

22/07/2020

"It’s stupid the way people extrapolate the past -- and not slightly stupid, but massively stupid."

-- Charlie Munger

21/07/2020

“That is a seven or eight foot bar that I can’t clear”
Warren Buffett explains why, despite admiring tech companies and their founders, he doesn’t invest in the tech industry.

https://zcu.io/Ztce

Warren Buffett explains why, despite admiring tech companies and their founders, he doesn't invest in the tech industry.

21/07/2020

"If you think you are on the right path you are on the wrong path because there is no path.You are creating your own unique path"

- Jeff Walker

20/07/2020

What Buffett looks for in an annual report
Warren Buffett values candor when reading annual reports, saying it turns him off when companies use “a standardized bunch of popular jargon.”

https://zcu.io/qFoZ

Warren Buffett values candor when reading annual reports, saying it turns him off when companies use "a standardized bunch of popular jargon."

20/07/2020

"Events can move from impossible to inevitable without stopping at probable"

- David Einhorn

19/07/2020

At BRK 1997 Annual Meeting.

Buffett is asked about McDonald's

Is McDonald’s an “inevitable” company?

Warren Buffett responds to an investor’s question about whether McDonald’s is a business that is certain to dominate its industry.

https://zcu.io/VDiu

Warren Buffett responds to an investor's question about whether McDonald's is a business that is certain to dominate its industry.

19/07/2020

"Something is perfected not when you can't add anything more to it, but when you can't take anything away."

- Yvon Chouinard

18/07/2020

Most conversations end “in the middle of somebody’s first sentence”

Warren Buffett explains how he makes investment decisions and why he quickly weeds out most companies presented to him.

https://zcu.io/LGXx

Warren Buffett explains how he makes investment decisions and why he quickly weeds out most companies presented to him.

18/07/2020

"If I had to single out one element in my life that has made a difference for me it would be a passion to compete."

- Sam Walton

17/07/2020

Warren Buffett and Charlie Munger explain how Benjamin Graham and Phil Fisher influenced their investing philosophy and why Buffett was ultimately able to out-perform Graham.

https://zcu.io/nI2l

Warren Buffett and Charlie Munger explain how Benjamin Graham and Phil Fisher influenced their investing philosophy and why Buffett was ultimately able to out-perform Graham.

17/07/2020

"Education is the ability to listen to almost anything without losing your temper or your self-confidence"

- Robert Frost