Kuhndan

So what did Hamburg say?

He has significantly underperformed the S & P 500 in 10 out of the last 11 years. Not sure he ever had an edge. Most likely luck.

So true. If an investment letter doesn’t lead off with a summary of their historic investment results, I think there is a very good chance they have underperformed the market.

1997 For me

I would never keep my money with an investment manager that wrote a 150 page annual letter. That’s valuable time that could be spent on investment research and shows a mind that has an inability to focus on what’s important.

Didn’t Buffett sing Guard’s praises in the 2020 annual letter? I remember him saying the CEO was going to be a future superstar for Berkshire’s insurance group. Guess that didn’t work out.

Just finished the book. Congratulations! Original take and great detailed information on a portion of Buffet’s career not fully known.

Horizon was really bad. Can’t believe they plan on doing three more!

I sold out of the money calls several months ago thinking it wouldn’t hit $460…. and here we are.

I don’t know, having a guy named Kuppy managing my money, just doesn’t feel right.

I took a middle ground on my Berkshire stock. Sold the $460 calls. Pocketed the premium and potentially sell out at a higher price (although fingers crossed it doesn’t hit $460!)

That’s really cool! Thanks for sharing

I live in the same house we bought 36 years ago. I’m couldn’t imagine living any place else.

Whose bread I eat, his song I sing!

My son was 6 years old and opened a brokerage account thinking I needed to plan for college. I bought $2,000 of stock in a company called Emulex. Fifteen months later the stock had gone up 80x’s. Literally crazy. Sold it and took care of college.