oldschoolvalue
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Posts posted by oldschoolvalue
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Cliche of a quote, but
“I am a better investor because I am a businessman, and a better businessman because I am an investor.”
I see many fellow business owners continually make bad decisions because they don't know the basics. Amazing how much it translates to real-world skills.
Buffett's legacy
in Berkshire Hathaway
Posted
Would you attribute value investing as Buffett's legacy or should that be attributed to Graham?
Graham was the pioneer, but Buffett got it out to the masses.
I feel Buffett is also a great marketer because he also had the results to back it up. That propelled him forward.
Pretty much like how the magic formula got so much attention with great results, but then died down because Greenblatt wasn't able to replicate it.
Buffett's business acumen is second to none. That's his legacy IMO.