At the 2014 Berkshire Hathaway meeting, I was standing on the second floor of the exhibition hall when a golf cart pulled up next to me. I glanced over and saw that Charlie Munger was sitting in the passenger seat. My eyes nearly popped out of my head like in a cartoon.I was dumbfounded. The one thing I knew was that I didn't want to say anything to him:A moment … [Read more...] about Charlie Munger
My main goal* was to build an investment and cash portfolio of $1,120,000* ($1,000,000 to retire on and $120,000 to pay off the house) in 1500 days**, starting from 1/1/2013 and ending in February of 2017. I made my goal in 2016, my 1500 Days are over, and I’ve left my job. In the interest of openness, I’ll continue to share my numbers. For … [Read more...] about October Performance: Tesla Take Down!
I was perusing the Choose FI group on Facebook last week and someone posted something that went like this:I pulled all my investments out of VTSAX in 2020 and have been sitting on cash ever since. I don't want to get back into VTSAX. I'm looking for something that is passive, has a good return, and is safe.Many of the comments were unkind.You clearly don't know what … [Read more...] about Unicorns, The Easter Bunny, And Safe Passive Returns
On a recent trip, I downloaded the book It to my Kindle. Light reading, right? The book quickly drew me in. I hadn't read fiction in a long, long time. The most recent issues of The Economist gathered dust while I plowed through Stephen King's novel.This was a change. For the past couple of decades, I've considered all of these activities to be a sub-optimal use of my … [Read more...] about When The Game Doesn’t Feel Quite The Same
Berkshire Hathaway Meeting 2019Want to win a set of Warren Buffett/Charlie Munger ducks? Read on!Mrs. 1500 and I attended the Berkshire Hathaway meeting a couple of weeks ago. The event is often called the "Woodstock of Capitalism." Investors from around the world come to hear Munger and Buffett spout their wisdom:The meeting has three parts:Movie: The meeting … [Read more...] about What The Duck! (Notes From The 2019 Berkshire Hathaway Meeting)