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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤
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Author: EVBigMacMeal ✸  😊 😞
Number: of 12641 
Subject: Re: The Berkshire Problem
Date: 08/10/2023 5:17 AM
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No. of Recommendations: 9
In 1998 Buffett recalled the incredible story of how LTCM went bust. He found it truly fascinating, given how a group of extremely high IQ + life long experience and expertise in their field + using their own money: could go bust.

In telling the story, Buffett referred to a book that was not a great book but had a great title.

###You only have to get rich once###

Despite Berkshire's growing 'cash problems', currently minor but with the potential to escalate: it's worth reminding myself why I really own Berkshire.

###Defensive qualities and superior capitalisation skills and discipline.###

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