If you've talked with me or read this blog, it will be no surprise that I am a huge fan of Warren Buffett. I first became interested in the stock market when I was 13, but it wasn't until I was in my late 20s while attending the Berkshire Hathaway shareholder's meeting with my father that I learned from the Oracle of Omaha that I was a speculator, not an investor. From that point forward I studied his approach and that of his mentor, Benjamin Graham. Has it worked? Yes - and while it may be a little more time consuming to develop a better understanding of a company and its value before investing instead of simply speculating based on a cursory review of fundamentals or using technical analysis, it's far less stressful. This method of investing allows you to have confidence in your position and worry far less about the bi-polar Mr. Market.
I used to view buying and selling securities as being somehow different than investing in small private companies. Now I view them the same way. Studying Buffett has made me a better business broker, and being a business broker has made me a better securities investor.
Would you like to build the type of business that Warren Buffett would acquire? Following is a link to an article in Forbes written by Tanya Prive and Lisa Lovallo that describes five principles Buffett would follow in evaluating an acquisition of your business: How To Build A Company That Warren Buffett Would Invest In
I used to view buying and selling securities as being somehow different than investing in small private companies. Now I view them the same way. Studying Buffett has made me a better business broker, and being a business broker has made me a better securities investor.
Would you like to build the type of business that Warren Buffett would acquire? Following is a link to an article in Forbes written by Tanya Prive and Lisa Lovallo that describes five principles Buffett would follow in evaluating an acquisition of your business: How To Build A Company That Warren Buffett Would Invest In
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