Warren Buffett has been buying 3- and 6-month Treasury bills every Monday at weekly Treasury auctions, increasing his total position to 3% of the entire bill market. Charlie Munger humorously remarks on people's frequent mistakes leading to wealth. Buffett is likened to having 'Diamond Hands' in investing, emphasizing long-term commitment. Buffett and Munger avoid investing in businesses with uncertain futures, favoring 'Cash Cow' investments for compounding returns. Mohnish Pabrai, known as the 'Indian Warren Buffett,' advocates contrarian financial strategies for wealth-building.
In his 2011 Berkshire Hathaway Annual Letter, Warren Buffett explains why he advocates for investing in Commercial “Cash Cows” for Compounding Returns. Here's an excerpt from the letter: https://t.co/t87ogcGmjJ https://t.co/P5rd64yQ9A
This is Mohnish Pabrai, the "Indian Warren Buffett." He went from the slums of Mumbai to a $2 billion net worth through contrarian financial strategies. I had to figure out how he did it. Here are the 7 key tenets of Pabrai's unique wealth-building philosophy: https://t.co/O5VBdSw4T6
⚠️IS WARREN BUFFETT USING THIS METHODOLOGY? IT SAID BUY CHUBB $CB BEFORE THE LEGENDARY INVESTOR https://t.co/zJo7DDW1k9 👈 https://t.co/87IYICOeCa
In his book - The Dhando Investor, Mohnish Pabrai advocates investing like playing blackjack - bet heavily when the odds are overwhelmingly in your favor. Here's an excerpt from the book: https://t.co/gniGCahAlB https://t.co/hWKhGUDaKK
In his 2009 Berkshire Hathaway Annual Letter, Warren Buffett explains that he and Charlie Munger avoid investing in businesses with uncertain futures, even if their products seem exciting. Here's an excerpt from the letter: https://t.co/SQoFJiPhU3 https://t.co/ZNCAyDzVUw
Warren Buffett w/ Diamond Hands 😂 https://t.co/l5bUINeqyP
"Warren, if people weren't so often wrong we wouldn't be so rich." — Charlie Munger
'Buffett has been buying 3- and 6-month Treasury bills every Monday at weekly Treasury auctions, sometimes in increments of $10 billion, taking his total position to 3% of the entire bill market.' https://t.co/74PG7rPyDs https://t.co/GLyfHHzNMu