Dieter Hauser L.

Long Term-Investor | Do or do not, there is no try| #anynewsaboutheartmarket?

[Emir Han @RealEmirHan]

Quentin Tarantino says ‘TOY STORY 3’ ripped his “f*cking heart out.”

“That last 5 minutes ripped my fucking heart out, and if I even try to describe the end, I’ll start crying and get choked up”

"I have no desire to watch the fourth movie. You literally ended the story as perfect as you could.”

[Emir Han @RealEmirHan]

In Casino, Sharon Stone refused to do audition.

“I’m not lining up with showgirls or 3,000 actresses.”

So she demanded a meeting with Scorsese, walked in, blew him away, and got the role on the spot.

[Curious Minds @CuriousMindsHub]

Japanese proverb:

[Black Edge @BlackEdgeFund]

Warren Buffett's most important lesson after a lifetime of investing has very little to do with stocks.

At Berkshire Hathaway's 250th anniversary celebration of America, Buffett was asked if he had a message for the thousands of shareholders sitting in the arena, many of whom have been his partners for decades.

He didn't talk about valuation. He didn't talk about moats, compounding, or holding forever.

He said this:

"The number one rule I give them is just the Golden Rule to others. I'm not a religious guy, but I mean, nobody said it any better in a couple thousand years than that, which may be why it's lasted to a certain degree, too."

For an investor whose career is built on long-term partnerships with shareholders, managers, and businesses, the logic runs deeper than it first sounds.

Buffett points out that a 2,000-year-old book on how to behave is still read more than anything written recently. And the rule inside it applies everywhere:

"That's true for everything from parenthood to being a boss to being, I mean, just everything in life. And it doesn't cost you anything. In fact, it's reflected in better behavior toward you."

Then he reframes it in a way that should resonate with any serious investor. This isn't sentimentality. It's compounding applied to relationships:

"So, I mean, it's a very selfish sort of thing in one sense, but I've never seen anybody that's unhappy that behaved that way. And I've seen a lot of people in a lot of different kinds of situations."

Earlier in the conversation, Buffett was asked about America's "special sauce" that has driven 250 years of prosperity, the same engine that built Berkshire. His answer was disarmingly humble:

"We've got a special sauce there, as a secret sauce. It's such a good secret that I don't know what exactly it is. But I do know this: that anybody that has a choice would choose to be born in America."

He admits the system was never designed perfectly:

"If you were drawing up dreams for the ideal society and you were to have this kind of GDP per capita and everything, you wouldn't design the inheritance laws. You wouldn't, I mean, you'd just do all kinds of things differently. But somehow it's worked. But that doesn't mean that we can't do better."

[Finding Compounders @F_Compounders]

Investing is more about emotional intelligence than IQ

Imagine the discipline of reading a magazine for 50 years only to find one idea

[Investment Wisdom @InvestingCanons]

“Every great money manager I’ve ever met, all they want to talk about is their mistakes. There’s a great humility there.”

— Stanley Druckenmiller

[Reads with Ravi @readswithravi]

“Those who keep learning will keep rising in life.”

— Charlie Munger

[Sami 🇨🇦 @samidelbulla13]

Hace 15 años se dio la mayor remontada en la historia del fútbol chileno, se dio el CANALAZO y no fueron 1, fueron 3 goles para darle la estrella 14 a la U

[Investment Wisdom @InvestingCanons]

The key is emotional discipline.

[FluentInQuality @FluentInQuality]

"Buy good companies, don't overpay, do nothing."

— Terry Smith

[Bill Ackman @BillAckman]

Never give up

[The New Yorker @NewYorker]

Next week’s cover, “After the Comeback,” by Pierre-Emmanuel Lyet, captures the joy on the streets of New York City after the Knicks’ historic win in Game Four of the N.B.A. Finals. https://t.co/zLRZzgL83N

[Szymanski @Szymansk_ii]

Next time you think of giving up, remember this photo of Elon in 2008.

[Finding Compounders @F_Compounders]

Warren Buffett’s letter to Ben Graham
- in it exists a stock pitch , of a company called Greif Brothers Cooperage Company
- Buffett was happy about their buybacks ( they bought back 30% of shares outstanding )

“There is plenty of value in excess of market price”

h/t: @brettgardner_10

[Chase Jordan @goatcollect]

Joe Murphy of the @NBA photography crew was the one who captured this image.

A life changing moment for Joe. 📸

I will be in heavy pursuit of this image signed by Joe. The photographers are artists. The image will be on the walls of thousands of fans.

The photographers work is what creates a lasting impact in our head. Congratulations to Joe. 👏

[Steve Burns @SJosephBurns]

“I never use valuation to time the market. I use liquidity considerations and technical analysis for timing. Valuation only tells me how far the market can go once a catalyst enters the picture to change the market direction.”

— Stanley Druckenmiller

[Adam Schefter @AdamSchefter]

This play will be replayed for years.

[Finding Compounders @F_Compounders]

“The value of a company is not in one year’s cash flows but in 20 years of cash flow”

-Chris Hohn