"The less prudence with which others conduct their affairs, the greater the prudence with which we should conduct our own." – Warren Buffett
In the time of covid-19, paying in cash definitely seems like an anachronism. This is an investing post, however, and I’m not writing about buying items with paper money. Rather, I’m thinking about companies that do not pay their execs and boards by issuing stock.
This is probably even more rare than cash payments during covid. It could also be a telling signal about the culture of a company and its people.
ContinueThis post is about the performance of my “Fun Fund.” I am going to discuss the performance of this actively managed investment account in the recently ended second quarter of 2020 and share some thoughts on a few positions.
Continue reading “Fun Fund: Q2 2020 Update”Earlier today, YouTube served me a video of an interesting presentation by Greg Warren, the Morningstar analyst who covers Berkshire Hathaway (“BRK”). Greg said something that I had been thinking about and inspired me to get my thoughts down. So, rather than write about any of the topics I had planned, I am going to share a few thoughts on Berkshire Hathaway’s cash horde and Greg Warren’s: Five Reasons to Consider Buying Berkshire Hathaway.
