Investing is Hard You make the most money when you are right and contrarian. -- Many of us greatly admire Warren Buffett and Charlie Munger. They have taught us so much about consistent compounding, playing the long game, and the elements of a great business. Berkshire Hathawa…↗

What makes Warren Buffett the greatest investor of all-time? He is the only infinite-minded investor in the stock market, which is an infinite game. 🧵↗

Warren Buffett is a treasure trove of wisdom. But contrary to what you have been told, most of it has nothing to do with investing. 10 powerful lessons for life from the Oracle of Omaha:↗

Last one on Buffett. Here's his answer in 2009 vs 2020 about whether or why to buy stocks. His answer is pretty similar. I don't know what stocks will do over the short run. But I buy when the price is right. Interesting to compare and contrast.↗

Let's do this. 1/ Buffett: "Most people come to our meeting to hear Charlie. At 96 he is in fine shape. It didn't seem like a good idea to have him come to this meeting. Charlie is in fine shape and he will be back next year." Charlie is now doing video streaming meetings.↗

1/ "We have to have a business with some inherent characteristics that give it a durable competitive advantage." C. Munger "The key to investing is ... determining the competitive advantage of any given company and, above all, the durability of that advantage." W. Buffett↗