In #ValueInvesting, we are told to but things at a discount to fair value but how do we know what fair value is? In this video, we go through the complete process from A to Z to calculate the fair value of #Apple. #investing#money#stockmarket https://t.co/RyHv4ddkyI
@Xfinity@MarkHalaby@XfinitySupport Hi @XfinitySupport@Xfinity I see the page for restoration status has not been updated for several days. Can you please advise if Cape Coral and Punta Gorda are still expected to be restored today. Thank you. I know this is a trying time for everyone.
Any news from Burnt Store Marina about the boats on the outside dry storage with the hurricane? Any update would be appreciated. Stay Safe. #burntstoremarina#HurricaneIan
Being a long term #valueinvestor allows you to go out and live life without worrying about short term fluctuations in the #stockmarket. I've spent the last week skiing in #whitefish, Montana and haven't looked at our portfolio once.
My friend Mohnish Pabrai just shared this letter he received from Warren Buffett.
I'm sharing it here with his permission.
Or you can download a copy here https://t.co/xyxMlBHse5
@MohnishPabrai@DakshanaIndia
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As Howard Marks said in the podcast with @williamgreen72 -"Emotion is the greatest enemy of superior investing" and as Ben Graham said "The investor"s chief problem is likely to be himself".
It's interesting to point out that Buffett $BRK only buys leveraged bond portfolios (ie, P&C insurers) at multi-decade tops in the equity markets.
1966 - National Indemnity
1998 - Gen Re
2022 - Alleghany (?)
Perhaps a coincidence, perhaps not?
@JoshuaTai0427 Absolutely right! Berkshire has faced drawdowns of 50% on 3 separate occasions and have endured to become the behemoth they are today. Great lesson in controlling your emotions and persevering.
“More important than the how we achieve #financialfreedom, is the why. Find your reasons why you want to be free and wealthy.” –#RobertKiyosaki
Absolutely Right!