200 Inspiring Quotes from Hong Kong Billionaire Li Ka-shing

Li Ka-shing (born June 13, 1928 in Chaozhou, Guangdong province, China) is a Chinese entrepreneur and philanthropist. He is broadly respected as one of the most powerful businessmen in Asia. His companies span telecommunications, real estate, infrastructure, ports, retailing and manufacturing, energy, and technology, among other ventures. Known as “Mr. Money” and “Superman” in Hong […]

Lessons from Edgar de Picciotto

Edgar de Picciotto, an early promoter of hedge fund investing, passed away on Sunday 13 March 2016 after a long sickness. On November 12, 1969, de Picciotto opened his own asset-management bank in a city dominated by such well-known private banking names as Pictet Group, Lombard Odier, Darier and Hentsch. Edgar de Picciotto founded Union […]

Value Investing: Philip Fisher on When to Sell a Stock

Philip Fisher (1907–2004) is widely considered the pioneer and thought process leader in long-term value investing. Years after his death, Fisher is widely respected and admired as one of the most influential investors of all time. Fisher developed his long-term investing philosophy decades ago and discussed them in his seminal book, Common Stocks and Uncommon […]

Charlie Munger’s Sit-on-Your-Ass Investing Concept

Charlie Munger presented the model of “Sit on your ass investing” at the 2000 Berkshire Hathaway Annual meeting. Description courtesy of Losch Management Company, an Orlando, Florida-based investment advisor. You have value investing, and growth investing, but now we also have “sit on your ass investing”, which is better. The problem with value investing is […]

Mungerisms: Amusing Quotes from Charlie Munger from the Berkshire Hathaway 2014 Annual Meeting

Charlie Munger is not always politically correct, always offers a wealth of information, and hilarious now and then. At the 2014 annual meeting of Berkshire Hathaway, here are some of his best zingers: On the interplay between CEOs and corporate directors regarding compensation: “You start paying directors of corporations two or three hundred thousand dollars […]

Prem Watsa’s Recommended Books for 2015

Legendary investor and philanthropist John Templeton was Prem Watsa’s mentor and was deeply interested in spiritual growth. In the past, Watsa has recurrently recommended Templeton’s “Riches for the Mind and Spirit”, “The Templeton Plan”, and “Discovering Laws of Life”. In the Fairfax Financial Holdings’ annual meetings in previous years, Watsa has also highlighted an inspirational […]

The Four Filters of Warren Buffett and Charlie Munger

Countless portfolio managers, hedge fund managers, investment analysts, mutual funds, institutional pools of capital and individual investors have grown up devouring everything that’s been said or written by or about Warren Buffett and Charlie Munger over the years. In the 2007 letter to Berkshire Hathaway shareholders, Warren Buffett wrote, “Charlie and I look for companies […]

Prem Watsa’s Recommended Books for 2014

Prem Watsa is a shrewd investor who is often called the Canadian Warren Buffett. He is an immigrant from India who arrived in Canada in 1972 and has been running Fairfax Financial Holdings since 1985. Prem Watsa was born in Hyderabad and studied chemical engineering at IIT-Chennai before emigrating to Canada. Under his leadership, Fairfax’s […]

Books Recommended by Berkshire Hathaway’s Charlie Munger

“In my whole life, I have known no wise people (over a broad subject matter area) who didn’t read all the time—none, zero. You’d be amazed at how much Warren reads—at how much I read. My children laugh at me. They think I’m a book with a couple of legs sticking out.” — Charlie Munger […]

Books on Science Recommended by Investor Mohnish Pabrai (Pabrai Funds)

Mohnish Pabrai is an investor, hedge-fund manager and philanthropist. Mohnish manages Pabrai Funds and leads the Dakshana Foundation, a tutoring service in India for less-privileged members of the society to enable them to attend the elite institutions of higher learning in India. “Meaning of It All: Thoughts of a Citizen Scientist” by Richard P. Feynman […]