Over the past week, I have outlined the potholes in Berkshire Hathaway’s investment stock portfolio and the sharp drop in market value in some of Warren Buffett’s largest holdings. It had been not my intention to excessively dramatize the short-term miscues nor was it my intention to understate the exceptional long-term investment accomplishments of Warren Buffett.

As time ticked on, Manuel persisted in discussing bonds, stocks, property and indexing. He might have been speaking Swahili to us as his words drifted over our heads like pigeons at the seaside. However, as we progressed though France and then finally into Spain, I became intrigued by his tales.

He told us in regards to a friend, a postal worker, who saved a big proportion of his regular wage and spent it into stocks of the business he worked well for. This ongoing company paid a attractive dividend which the man re-invested every half a year. After accomplishing this for thirty years, the person retired at fifty and lived in a little house next to the ocean along with his wife and dog. His stories reverberated with life and conviction. I started to take notice and asked him to explain words like stocks, bonds etc. which he did.

My friends appeared oblivious to your chatter, but from the French border south to Madrid, and then north west to his home town just south of Porto, Portugal, i had been trained by him many essentials of trading. Manuel owed his own truck and spoke … Read more

Over the past week, I have outlined the potholes in Berkshire Hathaway’s investment stock portfolio and the sharp drop in market value in some of Warren Buffett’s largest holdings. It had been not my intention to excessively dramatize the short-term miscues nor was it my intention to understate the exceptional long-term investment accomplishments of Warren Buffett.

As time ticked on, Manuel persisted in discussing bonds, stocks, property and indexing. He might have been speaking Swahili to us as his words drifted over our heads like pigeons at the seaside. However, as we progressed though France and then finally into Spain, I became intrigued by his tales.

He told us in regards to a friend, a postal worker, who saved a big proportion of his regular wage and spent it into stocks of the business he worked well for. This ongoing company paid a attractive dividend which the man re-invested every half a year. After accomplishing this for thirty years, the person retired at fifty and lived in a little house next to the ocean along with his wife and dog. His stories reverberated with life and conviction. I started to take notice and asked him to explain words like stocks, bonds etc. which he did.

My friends appeared oblivious to your chatter, but from the French border south to Madrid, and then north west to his home town just south of Porto, Portugal, i had been trained by him many essentials of trading. Manuel owed his own truck and spoke … Read more