Mindy and I just got back from attending the Berkshire Hathaway (BH) meeting with a couple of friends. BH is the conglomerate famously run by Warren Buffett and Charlie Munger.The meeting consists of a 30 minute movie followed by a question and answer session.The event is quite the spectacle. Over 50,000 people travel from all over the world to … [Read more...] about Berkshire Hathaway 2023
warren buffett
Can I Win The Warren Buffett Bet? (Year 5 Update)
In December of 2017, Dividend Growth Investor (DGI) asked me if I’d like to duplicate the famous Warren Buffett bet. For those unfamiliar, in 2008 Buffett famously challenged the hedge fund industry:Can you beat the S&P 500 over a 10 year period?Buffett won as the hedge fund got clobbered by the S&P 500.But, I like fun experiments and a … [Read more...] about Can I Win The Warren Buffett Bet? (Year 5 Update)
Unicorns, The Easter Bunny, And Safe Passive Returns
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
When The Game Doesn’t Feel Quite The Same
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
Stock Picking Experiment, Year 2 (Still Winning!)
In December of 2017, Dividend Growth Investor (DGI) asked me if I wanted to bet against Warren Buffett. Well, kind of. Allow me to explain...Buffett’s Big BetWay back in 2007, Buffett challenged the hedge fund industry to a bet. All the hedge fund managers had to do was beat the S&P 500 over a 10 year period. Buffett didn’t get many takers, but he completely crushed … [Read more...] about Stock Picking Experiment, Year 2 (Still Winning!)