Value Investing News - BRK-A - Comments

Re: Buffett's "investment style drift" is ongoing

George — Thu, 22 May 2008 21:03:49 -0400

I like to think of it more as style enhancement than style drift. Buffett is constantly adding to his collection of mental models and expanding his circle of competence.

Buffett's "investment style drift" is ongoing

Chungst — Thu, 22 May 2008 20:49:51 -0400

Anyone who read "Poor Charlie's Almanack" knows firsthand about Buffett's investment style drift. The younger Buffett was a "cigar butt" type investor who used a geiger counter to look for opportunities. Even Munger makes it clear i his book that this approach netted Buffett something like $300 million.

It was because Buffett kept adapting his investment style that led to the creation of billions at Berkshire. Even Buffett commented on how he didn't want to overpay based on book value for See's Candy and it turned out to be one of his greatest investments.

Buffett is a better investor today because he is a learning machine and has been able to adapt with the times. The value investment landscape is far more competitive than in the 1970's or 1980's , etc.

4 Filters

Nick — Tue, 18 Mar 2008 10:16:07 -0400

I haven't finished reading this yet, but at first scan it certainly looks good.

cool

greg — Mon, 03 Mar 2008 09:31:27 -0500

very good read

Thanks.

StuartL — Sat, 01 Mar 2008 16:13:24 -0500

Gotta love his work haven't you. It looks like I know where I'll be spending the next hour anyway.
Best wishes.

you beat me to it ken,

alexg — Sat, 01 Mar 2008 08:46:27 -0500

you beat me to it ken, thanks!

http://www.contrarianvalueinvesting.com/

Breaking News! Berkshire Hathaway Shareholder Letter

George — Fri, 29 Feb 2008 23:31:42 -0500

Breaking news! Thanks for getting this link up so quickly at Value Investing News, kenkid. I thought this letter was only available tomorrow morning. Your quick response will ensure that this storylink will be on the front page of Value Investing News tomorrow morning.

You also forgot Mohnish

alexg — Fri, 15 Feb 2008 08:22:55 -0500

You also forgot Mohnish Pabrai (SHLD)

http://www.contrarianvalueinvesting.com/

just think you could have

billytickets — Fri, 15 Feb 2008 08:05:29 -0500

just think you could have bought KFT had you read this article http://www.atfreeforum.com/billyticketswin/viewtopic.php?mforum=billyticketswin&t=307

Thanks for spotting that

George — Thu, 14 Feb 2008 20:59:31 -0500

Thanks for spotting that miss. Since it is Valentine's Day, I had little time to scan the filing. I'm surprised I only missed one addition given that I did it from memory. Be sure to vote on this entry.

Happy Valentine's Day! I feel like this filing was a Valentine's Day card from Berkshire. lol.

You forgot GSK, which is a

alexg — Thu, 14 Feb 2008 20:31:22 -0500

You forgot GSK, which is a new holding
heres link buddy/