Warren Buffett has been writing annual shareholders letters for more than 4 decades. I read them all and summarized them in 10 key lessons. Principle 1: The longer you invest, the better. Today, Warren Buffettâs net worth is equal to more than $100 billion. More than 95% (!) of this wealth was created after his 65th birthday. The power of compounding is truly beautiful.
Hi there, thanks for all the wonderful work you are doing!
I have one comment on point 9 in this article. "87% (!) of Berkshire Hathawayâs assets are invested in only 10 stocks.". While this is true for their investment portfolio, it is far from true for their entire asset base. They have many other wonderful businesses that are not visible on that image. BNSF, BHE, GEICO, etc. In any case, even if we look at all of their assets, I am sure that the concentration will still be there, so your points are directionally correct. Only the numbers might be slightly off.
Albert Einstein once said âCompound interest is the eighth wonder of the world. He who understands it, earns it; he who doesn't, pays itâ. Amazing that Mr. Buffett has earned 95% of his wealth after age 65. No wonder he will elected to wait on his enormous philanthropy. Thank you for sharing his timeless wisdom.
Hi there, thanks for all the wonderful work you are doing!
I have one comment on point 9 in this article. "87% (!) of Berkshire Hathawayâs assets are invested in only 10 stocks.". While this is true for their investment portfolio, it is far from true for their entire asset base. They have many other wonderful businesses that are not visible on that image. BNSF, BHE, GEICO, etc. In any case, even if we look at all of their assets, I am sure that the concentration will still be there, so your points are directionally correct. Only the numbers might be slightly off.
Cheers and keep it up!
Albert Einstein once said âCompound interest is the eighth wonder of the world. He who understands it, earns it; he who doesn't, pays itâ. Amazing that Mr. Buffett has earned 95% of his wealth after age 65. No wonder he will elected to wait on his enormous philanthropy. Thank you for sharing his timeless wisdom.
Thanks for sharing a invaluable wisdom of legend đ
Thank you for the great newsletter!
Thanks for sharing the knowledge