Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search BRK.A
Shrewd'm.com Merry shrewd investors
Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search BRK.A


Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
Unthreaded | Threaded | Whole Thread (3) |
Post New
Author: Said   😊 😞
Number: of 15053 
Subject: OT: Another Goodbye
Date: 10/22/2024 2:45 AM
Post Reply | Report Post | Recommend It!
No. of Recommendations: 18
We regularly had discussions about Saul himself, his board and his stocks. People did admire him, hated him, believed him or called him (his performance) a liar etc.

Whatever your opinion about him might be, I find this way to say Goodbye (as the leader, not as a board member) highly respectable:

https://discussion.fool.com/t/its-time-for-me-to-a...

If we don't die before, one day we all have to realize what Saul describes, the decline of our mental capabilities and/or energy.

We can only hope that then we are like Saul less interested in themes where this matters, but more in having nice walks, going to the cinema etc.



Print the post


Author: YoungandOld   😊 😞
Number: of 15053 
Subject: Re: OT: Another Goodbye
Date: 10/22/2024 11:26 AM
Post Reply | Report Post | Recommend It!
No. of Recommendations: 6
Good for him. I don't really understand all of those people who hated him or called him a liar. I've read his stuff over time and I think he's a pretty talented growth investor who developed a lot of disciplined approaches for making investments where he cared about earning supported growth in valuation and not much else. He was willing to except a lot of volatility in order to get it, and maybe not everyone who followed him appreciated the risk of that, but it isn't like he tried to sell them on the idea that its a risk free approach. Its not a style of investing that I can do - it requires you to be really closely watching the underlying performance of the stocks you follow because you are running a highly concentrated portfolio of high flyers. So your ability to get out if signs look bad are your primary method of risk mitigation. Its growth investing, not value investing and feels really in stark contrast to what WEB would advocate. That may not be for a lot of people on this board but Saul was pretty generous with his analysis and time and he seemed like a good person. Kudos for him to retiring gracefully from that board.
Print the post


Author: richinmd   😊 😞
Number: of 15053 
Subject: Re: OT: Another Goodbye
Date: 10/22/2024 12:20 PM
Post Reply | Report Post | Recommend It!
No. of Recommendations: 1

Unfortunately many people don't realize, won't accept their abilities are declining and continue to do things like driving when they can't (and unfortunately in the US, options are limited if you don't drive).

I recently went back to work after retiring for over a year. I only lasted 2 months. In my case it wasn't ability (yet) but I quickly realized I have no desire, and fortunately no need, to work/commute for 45+ hours.

Best wishes to Saul and all of us who, if we live long enough, will likely be in a similar position of declining abilities.
Print the post


Post New
Unthreaded | Threaded | Whole Thread (3) |


Announcements
Berkshire Hathaway FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Followed Shrewds