“Buffett’s raw material was a dying textile company with $22 million in net worth, no durable competitive advantage, and high capital costs.”
there is a pic of Warren sitting in his office purposed by the camera eye
as the consummate reader. oh what a grand! it was for my own eye
to catch that worn Value Line Investment Survey compendium perched
by an arm's reach from Warren at the moment necessary. I studied that
same paper cave of financial & technical details on those 1700 stocks in
my small town library back in the 70's. arriving full circle; here is one of
your best write ups for my own financial curiosity & it's one that wills
the karmic influx my way. for sure, Adam Mead's effort will sit in front of
me pretty damn quick thanks to Neckar's connection.
I really enjoyed our chat, Frederik! Happy to answer any questions readers have here in the chat. Or ping me on Twitter: @brk_student
It's such a good book!
Great post, now i have to read the book. COngrats Mr. Mead, it appears you wrote the book we need to read.