Value Investing World

Joe Koster
Curating multidisciplinary investing, business, and other readings.
Created 14 May 2020
344
Posts
153
Likes
7
Comments
5
Mentions
  • Links - 10/14/2021
    14 Oct 2021 • < 1 min read • 1 0
    “Some businesses are a lot easier to understand than others. And Charlie and I don’t like difficult problems. If something is hard to figure, we’d rather multiply by three than by pi. I mean it’s just...
  • Links - 10/12/2021
    12 Oct 2021 • < 1 min read
    “Knowing the edge of your own competency is very important. If you think you know a lot more than you do, well, you’re really asking for a lot of trouble.” —Charlie Munger (2013) Read more
  • Links - 10/11/2021
    11 Oct 2021 • 1 min read • 2 0
    “The trick is to be flexible enough to recognize that regression to the mean is only a tool; it is not a religion with immutable dogma and ceremonies. Used to make mechanical extrapolations of the pas...
  • Links - 10/10/2021
    10 Oct 2021 • < 1 min read
    “Stay with simple propositions…. If only one variable is key to a decision, and the variable has a 90% chance of going your way, the chance for a successful outcome is obviously 90%. But if ten indepe...
  • Weekly Summary
    08 Oct 2021 • < 1 min read
    For those busy subscribers that didn’t have much time to read, watch, or listen during the week, and that like to catch up on the weekend, here are a few (3-6) of the links from this week that stood o...
  • Links - 10/7/2021
    07 Oct 2021 • 2 min read • 2 0
    “Until the beginning of 1928, even a man of conservative mind could believe that the prices of common stock were catching up with the increase in corporation earnings, the prospect for further increas...
  • Links - 10/6/2021
    06 Oct 2021 • < 1 min read • 1 2
    “The single-most important decision in evaluating a business is pricing power. If you’ve got the power to raise prices without losing business to a competitor, you’ve got a very good business. And if ...
  • Links - 10/4/2021
    04 Oct 2021 • < 1 min read • 1 0
    “If you took our top fifteen decisions out, we’d have a pretty average record. It wasn’t hyperactivity, but a hell of a lot of patience. You stuck to your principles and when opportunities came along,...
  • Investing Thoughts and Wisdom (mostly from others) – Part 23
    03 Oct 2021 • 9 min read • 4 0
    I have a file full of notes and excerpts from investors that I’ve collected over the years. I’ve been meaning to organize it for a while, and now that this newsletter is started, I’ll use it as a reas...
  • Weekly Summary
    01 Oct 2021 • < 1 min read
    For those busy subscribers that didn’t have much time to read, watch, or listen during the week, and that like to catch up on the weekend, here are a few (3-6) of the links from this week that stood o...
  • View More on Substack »