Ecclesiastes 9:11: "The race is not to the swift, nor the battle to the strong, neither bread to the wise, nor riches to men of understanding, nor favor to men of skill; but time and chance happen to them all."
There is only one investing technique I know - Value. The growth is a component of it. You can adjust growth with an appropriate discount in your valuation. Thanks.
The best lessons from Davis by far are from his AIG experience. The Knowledge Project podcast with Davis is just incredible. Nobody was closer to AIG, the Davis had his offices in the AIG building and his Grandfather was an IPO investor, deep, deep family friends with the top Brass.
Berkshire shareholders are very lucky to have Chris Davis on the board and I hope he’s willing and able to serve for the next couple of decades.
Agreed!
Ecclesiastes 9:11: "The race is not to the swift, nor the battle to the strong, neither bread to the wise, nor riches to men of understanding, nor favor to men of skill; but time and chance happen to them all."
Jack Bogle: "Just buy the damn index fund!"
There is only one investing technique I know - Value. The growth is a component of it. You can adjust growth with an appropriate discount in your valuation. Thanks.
The best lessons from Davis by far are from his AIG experience. The Knowledge Project podcast with Davis is just incredible. Nobody was closer to AIG, the Davis had his offices in the AIG building and his Grandfather was an IPO investor, deep, deep family friends with the top Brass.
Thanks for the suggestion! I’ll check that Davis interview out. Sounds like a great one.