October 19, 2016
There is no debate about the long term investment success delivered by Berkshire Hathaway. Since 1965, compound growth in per-share book value of Berkshire has far outstripped growth delivered by an investment in the S&P500 Index, resulting in an exceptional long term investment experience for Berkshire’s owners. Continue…
Posted in Market commentary.
Berkshire Hathaway, buffett
October 10, 2016
Last year, when US basketball star LeBron James asked Warren Buffett for investment advice, Buffett advised him to buy an index fund. “Usually the simplest [idea] is the best,” said Buffett. His advice added to the debate about the merits of active fund management versus index investing. Continue…
Posted in Editor's Pick, Market commentary.
buffett, index investing
October 3, 2016
Investing successfully is not easy. Among other qualities, it requires incredible discipline and patience. After all, the greatest rewards come when you wait for the right opportunities with huge upside, and then swing big. It’s the approach preached by Warren Buffett and favoured by us at Montgomery. Continue…
Posted in Editor's Pick, Investing Education.
buffett, value investing
July 4, 2016
As I write this column, the UK has voted to leave the European Union. According to relatives of members of my team living in London, Britons on the Tube are telling Eastern Europeans, “Time to pack your bags”. The Dow is down over 5 per cent, Spain is down 12 per cent and some individual shares have fallen by more than 20 per cent. Continue…