Palm Beach Daily




To become a great investor, you must first become a “problem-stalker”

  To become a great investor, you must first become a “problem-stalker” Regular Daily readers know we find incredible value in Buffett’s letters to Berkshire Hathaway’s shareholders. If you’re ever thinking about getting an MBA degree… save yourself $100,000 and read these instead. Here’s another brilliant morsel from the 1989 letter: “A great investment opportunity occurs […]

This is why Buffett’s buying batteries over “cigar butts”

“We want Berkshire to be an ever-growing collection of good businesses that we can hold forever.” That’s what master investor Warren Buffett said about his recent acquisition of battery-maker Duracell. The Wall Street Journal reports Buffett’s holding company, Berkshire Hathaway, acquired Duracell from Procter and Gamble Co. (P&G) in an unusual way. Berkshire already owned […]