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Ep 368. Favorite Buffett Lessons, Yield Curve, Inflation, Management Teams, & Matching a Style to Your Personality

Focused Compounding

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Is There a Big Ownership of a Company?

There is an optionality, usually, to being a very large owner of a company. A lot of times when people say they company's controled, is not really controlled. It can stop other people from having control, but it can't necessarily maintain control under all circumstances. If you ever want to get 15 times p to morrow, you can call some one up and sell the entire company for that. You as a private you as a pass investor don't have that extra choice. The big differences are in terms of timing. While they may say that they care about it, ultimately, why should buffet care what the stock price is of berkshire on any given day? Unless

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