Introduction and summary: Most investors know very well the story of Berkshire Hathaway and Warren Buffett. However, the many advantages of the Berkshire business model have some exciting features that we believe are less understood and very underrated. The article aims to look more into these features and why they matter. In short, by investing…
Terry Smith, the CEO/CIO of Fundsmith, writes an interesting annual report that is well worth reading. He goes one step further than most money managers by delving into a range wide of subjects, usually with the intelligent British humor. The letters are not so long, but for my own personal reference, I like to quote…
Terry Smith, the CEO/CIO of Fundsmith, writes an interesting annual report that is well worth reading. He goes one step further than most money managers by delving into a range-wide of subjects, usually with the intelligent British humor. The letters are not so long, but for my own personal reference, I like to quote what…
