A Star on the Hollywood Walk of Fame For Buffett


buffett walk of fame2 200x200 A Star on the Hollywood Walk of Fame For BuffettDon’t get me wrong I am a huge fan of Warren Buffett and both his personal and Berkshire Hathaway investing track records speak for themselves as one of the most solid and consistent in recent investing history.  I can’t help but wonder though if Buffett’s rising celebrity status doesn’t have a negative effect for true long term Berkshire Hathaway investors.  Hardly a day goes by without some sighting, comment, or mention of Buffett in the news.  Over the past year I have seen:

Munger on EBITDA


Berkshire MungerThis article originally appeared on The DIV-Net May 9 2009.

Charlie Munger though a pioneer in value investing and the four filters is a fairly raw character and has a way of getting to the point in a sometimes abrupt manner. Charlie did just this when he referred to EBITDA as “bullsh*t earnings” at the Berkshire Hathaway meetings in 2003.

Warren Buffett’s Biggest Mistake


airplane takeoff Warren Buffetts Biggest MistakeThis article originally appeared on The Div-Net Feb8 2009
Much has been written about the success of Warren Buffett and Berkshire Hathaway, but little on his failures. I think a great deal can be learned by analyzing the failures of successful people. By studying these failures hopefully we can avoid them ourselves.

Buffet on the Economy


images Buffet on the Economy
I enjoyed this so much I thought I would share it. Clipped from a Fortune Magazine Blog earlier:
Warren Buffett emailed this note to the directors of his company, Berkshire Hathaway (BRK.B), Tuesday after he heard that the U.S. Treasury sold $32 billion in 4-week bills at a yield of 0%: