Buffett’s framework of investing in a nutshell.
1. Pay no attention to macros
2. Circle of competence
3. Integrity in managers
4. Look at only facts and data
5. Ignore and say no to most stocks.
2. Circle of competence
3. Integrity in managers
4. Look at only facts and data
5. Ignore and say no to most stocks.
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areecep OP : They are appropriate targets for 2023.
Jones Ng : Profound…
areecep OP Jones Ng :
Jones Ng : Could you please elaborate what is “macro” in this stock sense? I wanted to clearly understand…
whqqq : Yes, we only need to have a few excellent companies.
whqqq Jones Ng : Maybe it means not caring about whether the economy is in recession or not, and not chasing the trend?
Jones Ng whqqq : similarly… I think so.