Three Important Caveats: 1) These “rules of thumb” are only useful when a company is fully optimized for profits (phase 4). Many of them don’t work at all when a company is in phases 1, 2, 3, or 5 $Brookside Energy Ltd (BRK.AU)$$Berkshire Hathaway-B (BRK.B.US)$
If you have any ideas, please write them down in the comments. 1 He says buy things with pricing power. But then he goes and buy a chunk of OXY which basically has no pricing power as it sells a commodity product. 2 He talks about investing in businesses that even an idiot can run. But then he owns one of the largest and most complicated insurance operation in the world. 3 He likes businesses which require little capital to grow. But then he ow...
whqqq
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These phrasing is like Steph Curry saying “I just shoot threes well. It’s pretty simple.”It is literally true but under the hood things are far more complex and require lots of work.
$Brookside Energy Ltd (BRK.AU)$, which crossed $5,000 way back in 1989, attained such a shocking dollar amount because Buffett has never split the stock. That’s intentional. The high price of admission to the Class A shares helps attract long-term investors and discourages speculation, is Buffett's
Qqq and BRK. B can be regarded as science and technology and traditional two styles respectively, the difference between stocks and funds need not be too concerned about. QQQ is a stock fund, BRK is a stock, but the underlying portfolio can be seen as a diversified fund.$Brookside Energy Ltd (BRK.AU)$$Invesco QQQ Trust (QQQ.US)$can be used as A savings account to save money over time
$Brookside Energy Ltd (BRK.AU)$ I read Buffett rule 11 last night. Most people don't know it. As long as the acquisition of the enterprise is not a big loss, can support themselves, Buffett will not package the enterprise to sell. He rarely sells the businesses he buys. Of course, the first or acquisition of the enterprise itself to withstand the test.
"We are neither pollyannaish nor pessimistic about our current equity portfolio. We own small pieces of good companies -- all of which have grown in intrinsic value over the last year -- but are now priced in good fundamentals. The uncomfortable corollary from this is that I made a big mistake not selling our biggest holdings during the great bubble.$Brookside Energy Ltd (BRK.AU)$
"Ultimately, though, it will be a headache for the currency markets." This translation is wrong. A mistranslated sentence in a 2003 shareholder letter stating that the consequences of excess dollar supply could materially spread beyond currency markets.$Brookside Energy Ltd (BRK.AU)$
Brookside Energy Ltd Stock Forum
1️ $Apple (AAPL.US)$
2️ $Microsoft (MSFT.US)$
3️ $ARAMCO
4️ $Alphabet-A (GOOGL.US)$ $Alphabet-C (GOOG.US)$
5️ $Amazon (AMZN.US)$
6️ $NVIDIA (NVDA.US)$
7️ $Brookside Energy Ltd (BRK.AU)$
8️ $Meta Platforms (META.US)$
9️ $Tesla (TSLA.US)$
10 $Taiwan Semiconductor (TSM.US)$
Who do you think will be next?
1) These “rules of thumb” are only useful when a company is fully optimized for profits (phase 4).
Many of them don’t work at all when a company is in phases 1, 2, 3, or 5
$Brookside Energy Ltd (BRK.AU)$ $Berkshire Hathaway-B (BRK.B.US)$
1 He says buy things with pricing power. But then he goes and buy a chunk of OXY which basically has no pricing power as it sells a commodity product.
2 He talks about investing in businesses that even an idiot can run. But then he owns one of the largest and most complicated insurance operation in the world.
3 He likes businesses which require little capital to grow. But then he ow...
First 2 wells are now paid out
This company is printing cash
how long till our cash is equal to our MC?
$Warren Buffett Portfolio (LIST2999.US)$ $Berkshire Hathaway-A (BRK.A.US)$ $Berkshire Hathaway-B (BRK.B.US)$ $Brookside Energy Ltd (BRK.AU)$ $Occidental Petroleum (OXY.US)$
$Warren Buffett Portfolio (LIST2999.US)$ $Brookside Energy Ltd (BRK.AU)$ $E&P Financial Group Ltd(Delisted) (EP1.AU)$ $ASX Ltd (ASX.AU)$ $Occidental Petroleum (OXY.US)$
I read Buffett rule 11 last night. Most people don't know it. As long as the acquisition of the enterprise is not a big loss, can support themselves, Buffett will not package the enterprise to sell. He rarely sells the businesses he buys. Of course, the first or acquisition of the enterprise itself to withstand the test.
A mistranslated sentence in a 2003 shareholder letter stating that the consequences of excess dollar supply could materially spread beyond currency markets. $Brookside Energy Ltd (BRK.AU)$
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