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Value Investing: Luck vs Skill Part 2

by John Huber | Oct 25, 2013 | Investment Philosophy, Superinvestors, Think Differently, Walter Schloss, Warren Buffett

Earlier this week I responded to a comment that centered around the role of luck in long term outperformance. Feel free to read my response to the comment in Part 1 of this post where I list the #1 main reason why most people don’t replicate the results of...

Value Investing: Luck vs Skill Part 1

by John Huber | Oct 23, 2013 | General Thoughts, Think Differently, Warren Buffett

I received this interesting comment from a reader and thought I might write a post or two on this topic: “…There is one very important writer/thinker you do not mention in your site but whom you might want to pay attention to–the Nobel prize winner Daniel...

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...
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