2 ms·

Yes, it bloody well matters. What's the point in getting some high-level concepts correct if all the nitty-gritty detail is wishful thinking and fantasy? Inste

• TDL 13y ago
  As much as I have not been a fan of Buffett over the past dozen or so years, I can't vote this up enough. Even better, the shareholder letters are available for free on Berkshire's website (some pdf, some html.) A little searching and you can find his letters to his partners from his hedge fund days. Buffett & Munger are exceptionally good at what they do and they articulate their philosophy & the nuts and bolts of how they do it for free to anyone that is interested.
• smrtinsert 13y ago
  I remember reading one and thinking that it was more insightful than most finance content that is actually supposed to provide actionable information.
• scott_karana 13y ago
  The details aren't fantasty: they're history. Times change. He is even very clear that they were specific circumstances, and that it's not generalizable advice.
  • Luc 13y ago
    History is usually not made up. The guy is a huckster.