In a world of information overload there are few must reads, but if you appreciate what Warren Buffett has done then here is some really good stuff by Jeff Matthews…
Jeff has a series of posts entitled “Pilgrimage to Omaha.” I only read two posts in a series of 10 (plus 2 extras for intro and conclusion) and I am super excited to read the rest (that rarely happens)— here is but one of the many laconic and insightful points Jeff makes:
“Thus it is that whether he’s talking about food companies or airlines or newspapers or oil companies, Buffet has clearly made it his business to identify the single most important variable for each business—and knowing those crucial variables, he can determine whether the values offered in the stock market at any given time are attractive, or not. Without using a spreadsheet.”