I made a website to help support farmers. I’d love to be a part of this movement!!
#Farmers
https://t.co/t6jGSFUVmZ
Source: my family runs a 3rd generation organic farm in South Dakota — my site needs a master developer to work with me but my life goal is to help small time farms connect with more consumers.
#WeNeedFarms
Warren Buffett was asked if Berkshire’s purchase of $AMZN (2019 at $89) was a departure from value investing.
His answer cuts straight to the heart of what value investing actually means:
“The idea that value is somehow connected to book value or low price to earnings ratios or anything, as Charlie has said all investing is value investing. You’re putting out money now to get more later — and making a calculation on the probability of getting it, and when.”
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Buffett dismantles one of the most common misconceptions in investing. Value investing was never about low price-to-book ratios or cheap multiples. That’s a methodology — not a definition.
The definition is simple: you’re paying a price today for a stream of future cash flows, and you’re asking whether you’re being adequately compensated.
The label “value” vs. “growth” has always been a false dichotomy. All intelligent investing is value investing.
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🎙️ Berkshire 2019 Annual Meeting | CNBC Warren Buffett Archive (05/04/2019)
Warren Buffett: “The stock doesn’t care what you paid. The stock doesn’t even care that you own it. You are nothing to the stock. It is everything to you.”
You have an advantage Carnegie and Rockefeller never had. You can rearrange your entire business empire at a moment’s notice with practically no cost.
Most people turn that advantage into a disadvantage.
Warren Buffett: “We try to buy businesses with a durable competitive advantage, those are the three words that count.”
“The real test is can somebody with a lot of money destroy the business you’ve got…”
@SilverStockNews@profitsplusid In this case 3 of 4 times up, 1 of 4 times down… its lines on paper at the end of the day. Human behavior drives price. The market is a voting machine not a weighing machine.
“90% of people don’t think about stocks the way I do. They think of it as something which will go up next week.”
“I think about what a company will be worth in 20 years. When prices fall, I hope they drop more so I can buy more. Most people do just opposite.”
- Warren Buffett