Investing: Thoughts on Investing
The Dirty Word at Berkshire
Is Warren Buffett Preparing to ‘Fall on the Sword’ for His Successor? There is a very dirty word over at Berkshire. It’s met with derision, contempt, mockery, and worse. The word I’m referring to is, of course, Dividend. Over the decades, Buffett has been steadfast against paying out a dividend, and for good reason –…
What is really going on?
Speculation is rampant regarding Warren Buffett’s recent moves. He has continued selling off large portions of Berkshire Hathaway’s Apple holdings, refrained from buying back shares this past quarter, and accumulated a cash reserve now representing about a third of the conglomerate’s overall value. Analysts and investors are buzzing with theories about Buffett’s motivations, which could…
Party on!
On March 16 2022, with inflation seeming to be no longer transitory, the Fed began a season of increasing interest rates. They turned on the lights and the party that lasted from 2008-2022 was over. That day in March, the S&P 500 closed at 4,357.86. The Fed went on to raise 525 basis points (5.25%)…
Don’t Sell the Damn Stock!
Warren Buffet once said that the best investment that Berkshire has ever made was the Headhunter fee paid for hiring Ajit Jain in 1986. On September 9th 2024, Ajit sold 200 shares of Class A stock – more than half of his shares. What is going on here?? I have no idea what his motivations…
Wait for your pitch or why I didn’t invest in NVDA
One of my big investment takeaways from learning from Warren Buffett and Charlie Munger is to wait for your pitch. Unlike baseball, when you’re investing, you don’t have three strikes. You don’t have to swing, and you don’t have to try to make something happen every at-bat. In the stock market, it’s perfectly fine to…
What is Joel On Investing?
Welcome to my first post! This site will be dedicated to the art of long term investing. My hope is that this will be a place to learn and share ideas. Over the last few years, I’ve gone down the Buffett/Munger/Berkshire rabbit hole and have really taken to their philosophy of value and focused investing.…
Got any book recommendations?