Hello my dears,
unfortunately I made another mistake in my last post. I put two completely different issues in one post. That was very badly done.
But fortunately, this little mishap gives me another opportunity to go into the main topic in more detail.
Our star investor @Simpson
My dear man,
Once again I thought about why I became such a big fan of yours so quickly.
Perhaps it has something to do with my great enthusiasm for Buffet. But somehow, on reflection, I realized that my enthusiasm for Charlie Munger is even greater.
After all, getting to know Charlie was the best thing that could have happened to Buffet.
Because only through this perfect duo could you become so successful.
But what does all this have to do with you my dear @Simpson to do with you.
I've been following your posts with enthusiasm the whole time and have celebrated your portfolio.
And somehow it always reminded me a little of Buffet.
Unfortunately, we never got to talk about it very much. But I think I can say that I quickly recognized your strategy a little. Feel free to correct me.
FOCUS
- quality
- Moat, great business model
- Long successful history
- Profitable and good margins
- Good dividend history
- Recurring revenues
- Discipline
Buffet and Munger also believed that true wealth is not achieved through excessive risk, but through disciplined thrift and patient investing.
You never got involved in dangerous experiments. And when it came to unprofitable hype stocks, you immediately showed your hand.
And you never really liked alt coins.
Here I would have liked $DEFI (-1,75%) a little of your strategy.
But in the last year, your strategy has become more and more Charlie.
- Not just focusing on dividends
- Growth instead of dividends
- Quality has its price
Charlie convinced Buffett early on not only to look for the cheapest and most undervalued shares, but also to look for good companies with an outstanding market position - and to pay a little more for them.
Maybe I can persuade you to stay.
Because I would like to hear more about your strategy.
It would be a great added value, especially for younger people and newcomers.
Maybe you could start a wikifolio with your quality ETF in your free time. @Epi I would be happy to have such great competition.
