AVH 1.62% $3.03 avita medical inc.

No thanks, Mary’s book provides enough on detail from the best...

  1. 679 Posts.
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    No thanks, Mary’s book provides enough on detail from the best known investor on the planet, he is often referred to as the sage of Omaha.She mentions he in the early days kept his methodology secret from everyone and only discussed it around the family dinner table so she knew it all, a giveaway would be the thick Moody manual he kept on the edge of his office desk. Only today he was asked on you tube with CNBC why he sold out of Apple and from another a Berkshire investor what business he would buy up with 1 mil. Not totally clear on why he sold out a big portion of Apple but he kept mentioning tax. They paid 21% tax and he predicted a higher tax rate coming, over the 30%. He also mentions building his cash position which is now a mountain of cash so expect him to look for those bargain businesses under value, he can’t help himself and has probably already done so. At the very beginning he mentions the most important thing to do is look at the business and what it owns, that’s more important than all other ratings you tend to use.
    On the 1 mil question since joining up with Charlie Munger he would be finding all about everything small and be looking for under valued securities. Then use that money to buy a big part of the company.
 
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