Fixating on Buffett is hurting your returns

It’s that time of the year when the world’s most awaited corporate communication comes out. My guess is if we take all publicly listed companies around the world (except one), and add up the number of times their management letters get read, that number would be dwarfed by that for Berkshire Hathaway and Warren Buffett’s annual letter to shareholders. At $300,000+ per Berkshire Class A share, it’s safe to assume only a fraction of those readers are potential buyers. All around the world, people from fund houses, financial media, popular investment blogs, investment advisories pore through the simply formatted, 20-page

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10 insights from HBO’s 2017 ‘Becoming Warren Buffett’ we hadn’t heard before

HBO released a documentary ‘Becoming Warren Buffett’, on the legendary investor earlier this year. It’s an almost intimate portrait of the most-quoted investor in the world. Worth the 1h 28mins. And summarized below, some of the more insightful  (and less often heard) nuggets providing insight into the man, and not just the investor. 10. On learning from the past: Decorated his office with framed old newspapers from the local library of days of massive market crashes. He calls it “instructive art” that reminds him and everyone in the building that “in the markets, anything can happen” 9. On the circle of competence: “Investing

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The investment strategy that beats the average investor – I

“Which mutual fund should I invest in?” is one of the most frequent questions that I get in daily conversation and through this site. Typically, those asking the questions have two things in common: you don’t have the time and / or interest in analyzing and picking individual stocks like here you’re looking for relative conservatism in the equity investing universe I’ll answer this question across two posts; the why and the how To start of I must say, I’m not a fan of mutual funds, especially the actively managed open-ended variety (which the bulk of funds are). This is evident from the relatively

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How to prepare for a market correction

Nov 2014: Both the Indian benchmark indices are up by almost 40% from November last year. These are troubling times for the calm investor. I know, the two sentences don’t make sense. Shouldn’t an equity investor be thrilled that the Indian market, after hobbling along like a hamstrung geriatric for the better part of four years, is now scorching the pavement showing better performance in 2014 than every other stock market in the world? And apparently, we’re just getting started. Here’s a smattering of expert opinions on what’s in store: “Bull markets typically last for periods of five-seven years. That has been

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