Semper Augustus

[John Hjorth]

12 hours ago, dealraker said:

Don't worry about Chris as he's been buying the dollar stores for some time now in large amounts....beginning at prices double today's quotes.

 

Oops ... Ouch ... That does not exactly look like fun.

 

[Gamecock-YT]

He just needs to write 500 pages to explain why the market is wrong

[Munger_Disciple]

Just now, Gamecock-YT said:

He just needs to write 500 pages to explain why the market is wrong

 

It's weird but he only seems to write 500 page reports on BRK and not much else. 

Edited Thursday at 05:22 PM by Munger_Disciple

[John Hjorth]

2 hours ago, Gamecock-YT said:

He just needs to write 500 pages to explain why the market is wrong

 

2 hours ago, Munger_Disciple said:

 

It's weird but he only seems to write 500 page reports on BRK and not much else. 

 

He is quite silent on X by now and for a period ... burnout? ... - or perhaps already started writing intensely, so perhaps 500 pages in 2025!

[nsx5200]

I tried to read his 2023 letter to client:

 

- I find it really odd that the 2023 report spent 150 pages, but pretty much didn't explain their second biggest holding (DG) except for that it was (essentially) cheap that can be fit in less than one page.

 

I stopped digesting it around page 50, and just fed it into notebooklm.  No real insight came back from notebookLM either.  Not sure if informing his client of his investment holdings is the primary goal of the letter.