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David Senra
12/17/24
@ Chris Williamson
Henry Singleton, a lesser-known entrepreneur, is praised by Warren Buffett for his intelligence and innovative business strategies.
Video
CW
15 Harsh Truths From History’s Greatest Founders - David Senra
@ Chris Williamson
12/17/24
Related Takeaways
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Charles Munger
07/21/21
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I met Warren Buffett in 1959 when I returned to wind up my father's law practice, and I immediately recognized his intelligence and shared interest in successful investing.
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Charles Munger
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Warren Buffett preferred to work in a solitary manner, sifting through data and thinking deeply, which he could do just as effectively in Omaha as on Wall Street.
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Charles Munger
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Warren Buffett's decision to invest in Berkshire Hathaway was influenced by an incident where the CEO tried to cheat him, which ultimately benefited his career.
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Charles Munger
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Warren Buffett is highly competitive but prefers to win by playing fair and following the rules, avoiding games he is not skilled at.
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Charles Munger
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Despite facing criticism, Warren Buffett's approach allowed him to make billions for many people, even those he didn't know, and he doesn't regret his choices.
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Charles Munger
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Warren made significant profits by following Benjamin Graham's advice to buy very cheap stocks, regardless of the company's quality, but he knew this strategy was self-limiting. Getting into great businesses that either have a great manager or can prosper even under poor management is crucial.
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Charles Munger
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Warren had a passion for competitive success from a young age, which, combined with his high IQ and energy, gave him a significant advantage in investing.
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Charles Munger
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Warren Buffett made a lot of money by buying thinly traded securities that were statistically cheap, allowing him to earn high returns on capital year after year.
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Charles Munger
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Warren's investment strategy involved thorough research, as demonstrated when he bought American Express after the salad oil scandal, believing it was a minor setback.