Buffett on courses in business schools

Reading Time: < 1 minute We only need two, according to Buffett, at 2008 shareholder Q&A session (transcript at GuruFocus). Note Q5, WB answer, he noted the following two courses: 1) how to value a business; 2) how to think about stock market fluctuations. I think the first one is obvious, all the accounting, financial and quantitative skills. The second,… Continue reading Buffett on courses in business schools

More Buffett Munger 08 shareholder Q&A

Reading Time: 3 minutes I quoted some questions which are relevant for little guys (like me). The full transcript can be located at gurufocus. WB: Warren Buffett, CM: Charlie Munger, MX: yours truely. BTW, I bought one more BRK.B yesterday, at $4130, not the lowest price of the day but about 5% off the price I bought for my… Continue reading More Buffett Munger 08 shareholder Q&A

Buffett and Munger on Options

Reading Time: 2 minutes In the annual shareholder meeting of Berkshire Hathaway, Buffett and Munger took on a series of questions from audience as usual. Although I did not go, I found some of those Q&A both interesting and educational. Thanks to gurufocus, the full transcript is here (WB: Warren Buffett, CM: Charlie Munger). Q5: Would you use stock… Continue reading Buffett and Munger on Options

More Buffett and Munger Readings

Reading Time: 2 minutes What a day. I mean the stock market. Monday IBM gave us some good news. Today neither Citi nor Apple (and New Oriental if I may add) sent out re-assuring news, and the market (both Dow and Nasdaq) tanked… These days I started to read the Buffett shareholder letters date back to year 1978. I… Continue reading More Buffett and Munger Readings