Gustavo Ballvé on February 28th, 2010

God has spoken, go out and read it. The core is dedicated to welcoming and explaining BRK to its new shareholders acquired through BNSF, so no big news. Buffett complains more about the media and investments analysts, on how they distort things, causing losses to the less diligent and recommends that everybody form their own knowledge base and opinion. Hope he lives to see that happening, but we sincerely doubt it.

Read more about Berkshire’s annual report is out

Gustavo Ballvé on February 24th, 2010

The first comic book to ever feature the Super-Man character, Action Comics #1 dated June 1938, was just sold for $1 million. Considering its original price of $0.10, this is an approx. 25% nominal and 21% real IRR for the past 72 years. Eat you heart out, Warren Buffett. Bonus links inside.

Read more about Top investment since 1938?

Gustavo Ballvé on February 23rd, 2010

Judging by the recent troubles in Belgium and the article at Valor (in portuguese), the love-hate relationship with InBev in Belgium has gone to hell. And there’s the “socialism vs. capitalism” conflict in Europe again. If it weren’t for the image deterioration risk – and it seems that they’re handling it by going as far as they can, but no further – the union representative’s words would be music to shareholders’ ears.

Read more about AB Inbev a love-hate case in Belgium

Gustavo Ballvé on February 20th, 2010

Buffett used the Thriftsville vs. Squanderville metaphor in this brilliant article back in 2003. Now it’s Charlie Munger’s turn with a parable on the wealth of a nation and how to lose it. It’s a fun read.

Read more about Charlie Munger’s parable

Gustavo Ballvé on February 17th, 2010

There’s one aspect that seems overlooked in the whole “multidisciplinary approach” cult: communication. If you don’t have the adequate communication policies/ environment, how does one reap the rewards from all this multidisciplinary goodness? How does a team interact in order to extract value from its members’ diverse interests and skill sets?

Read more about Multidisciplinary approach and communication

Gustavo Ballvé on February 14th, 2010

“If we did not do this already, would we, knowing what we now know, go into it?” Peter Drucker’s question can be applied in both the big picture and small picture – from the broadest strategic moves of your company to its tiniest daily processes. More than that: try substituting “company” in the previous sentence for “department”, “nation”, “regulatory system” and even “life”.

Read more about Peter Drucker has a question for you

Gustavo Ballvé on February 12th, 2010

How does “fixing” Toyota (whatever that means) change a country’s demographics time-bomb or its still-rattling financial system? While there are interesting food-for-thought bits in these pieces, they all seem to give way too much importance to “planning a country” in a world where central planning (again, whatever that means) for a country of this size and relatively free market is ever less effective – if it ever was.

Read more about Toyota a symbol of Japan’s woes?

Gustavo Ballvé on February 5th, 2010

In his latest post, Tom Barrack of Colony Capital writes about some similarities between a big wave surfer and a successful investor. While we would be even more conservative in general, we agree with most the “credos”.

Read more about The surfer investor

Gustavo Ballvé on February 4th, 2010

Enter Greece and other European peripheral countries. Macro issues are not our core by any measure, and our point is just that volatility, that friend of the long-term investor holding a lot of cash, is on the rise. The post collects, as food for thought, interesting FT articles on Greece’s and Europe’s woes.

Read more about Volatility on the rise

Gustavo Ballvé on February 2nd, 2010

Buffett was particularly expansive regarding his processes and methods, and this alone makes this video worth the time (some 90 minutes). The fact that it was October 1998, a pivotal time in the dot-com boom and just after the LTCM imbroglio makes it even more interesting.

Read more about Buffett pearl: 1998 speech

Back to top