A couple folks asked me fun questions related to stocks and Warren Buffett recently...Question #1: Stocks? Last month, a very smart person asked me this. How do you pick stocks? The short answer is: I don't. The longer answer is: I mostly don't. It's complicated. I realize that I'm not making much sense. I'll try to explain.Individual stocks mostly scare me and … [Read more...] about Would You Take The Warren Buffett Bet?
Hoooooo, weeeeeee!!! I type this from Omaha where I'm at the end of a little road trip. First, I drove from Colorado to Chicago with a pit stop in Wisconsin. I spent the week in the Windy City doing actual work (shudder). On Thursday, I jumped back in the Honda Element and headed west. I stopped here in Omaha where I met Mrs. 1500 to attend the Berkshire Hathaway annual … [Read more...] about Ask the Readers: Read anything good lately?
I love Warren Buffett. All of the following are true:He is worth $66 billion. In 2018, he'll be appearing in a movie; "Superman versus Buffett." Rumor has it that Charlie Munger is in negotiations to play Robin. Buffett is giving almost his entire fortune to charity upon his death. He has X-ray vision. Buffett has outperformed the markets for over 50 years. He … [Read more...] about Buffett’s Beautiful Berky Blurbs
1500 Days takes a slight diversion this week. Ask the Reader will return next week as we turn our focus to our last major home project. Munger and Buffett Before I tell you about that though, I must tell you just a bit about the Berkshire Hathaway shareholders' meeting that we got back from just hours ago.The Berkshire meeting is rightfully called the Woodstock of … [Read more...] about Berkshire, Buffett and bathroom remodeling
My main goal is to build a portfolio of $1,000,000 in 1500 days with no debt*, starting from 1/1/2013. Every month, I provide an update on my status. My goal for 2014 is to get my portfolio up to $768,536. Because we saw exceptional returns in 2013, I have accomplished this goal. Time to look back on the month of May.What a difference a month makes. In April, I was down … [Read more...] about Performance Update 17/50: Movin’ on up in May