better doing

Warren Buffett, Harry Bottle and the story of Dempster Mill.

I have been reading Buffet’s early letters (pre-Berkshire) and this value investing story was in there. “In 1956, the Buffett Partnership began acquiring Dempster Mill Manufacturing Co., a producer of windmills and farm equipment in Beatrice, Nebraska, about 100 miles […]

better doing

What happens when you buy at an all-time high?

“Benjamin Graham, one of the great investors, suggested to his protégé Warren Buffett in 1951 that Buffett ought to sit out the market: the Dow had been below 200 every year in history except 1951, so why not wait a […]