How Warren Buffett Thinks About Risk

by John Huber | Oct 18, 2013 | Books, How to Improve Results, Investment Philosophy, Superinvestors, Warren Buffett

“Rule #1: Don’t Lose Money….” The best book I’ve ever read on Buffett is Alice Schroeder’s Snowball. I remember picking up my copy about four years ago and literally not being able to put it down. I read it for hours at a time, all...

An Ordinary Guy Who Became a Billionaire

by John Huber | Oct 9, 2013 | Case Studies, Investment Philosophy, Superinvestors, Warren Buffett

Last week, I came across this video of Stewart Horejsi, one of a small, but growing list of billionaires who have made their fortune solely because of their investment in Berkshire Hathaway. This was a really interesting story about a guy who began buying Berkshire...

Thinking Differently: The Most Important Contrarian Behavior

by John Huber | Oct 2, 2013 | Case Studies, General Thoughts, How to Improve Results, Investment Philosophy, Superinvestors, Think Differently, Warren Buffett

“I skate to where the puck is going to be, not where it has been.”  – Wayne Gretzky One of the most important skills that you can develop as an investor is the ability to think differently. This is a broad topic with many interpretations. I often...

The Best Way to Improve Investment Skills: “One Case Study After Another”

by John Huber | Sep 27, 2013 | Case Studies, Education, How to Improve Results, Investment Quotes, Superinvestors, Warren Buffett

I do a lot of case studies. I recommend that any burgeoning value investor do as many case studies as they can, sprinkled in among reading annual reports and other filings. I’ll explain what I mean by this in a moment… first I thought the best...

Buffett vs Munger vs Schloss and Thoughts on Portfolio Strategy

by John Huber | Sep 19, 2013 | How to Improve Results, Investment Philosophy, Portfolio Management, Superinvestors, Think Differently, Walter Schloss, Warren Buffett

I was having a conversation about Munger’s philosophy vs Schloss’ philosophy and had a few thoughts (and below I’ll compare their performance results against Buffett’s)… I often like to look at long term past performance of investors (10...

Can George Soros’ Methods Be Replicated?

by John Huber | Sep 5, 2013 | General Thoughts, Investment Philosophy, Investment Quotes, Superinvestors

I received this comment on one of my recent posts. The George Soros question got me thinking about how interesting the different philosophies are. Soros had an incredible career, but is it possible to replicate his general strategy? Here is the basic comment from the...