A2M 0.54% $5.56 the a2 milk company limited

A2m - Extrapolating Perfection May Leave A Sour Taste, page-66

  1. 883 Posts.
    lightbulb Created with Sketch. 113
    Well the lightbulb moment was when i realised spreadsheeting was just conformation bias. .....it will tell you exactly what you thought before because it's end results are dependant on what your inputs are...total waste of time.

    There are a few starting points for people wanting to learn more...i would recoomend doing 2 things.......firstly read buffets 2007 letter to shareholders about good great and gruesome businesses.

    http://www.berkshirehathaway.com/letters/2007ltr.pdf

    Starts on page 6

    They there is an old grainy video of peter lynch from the early 1990s on you tube.....watch that....just type in peter lynch on you tube.

    If you umderstamd both these these things then you are 90% of they way there to being a good investor i think
 
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