Finding Great Growth Companies with David Rolfe
Excess Returns
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The Challenges of a High Conviction Portfolio
Buffett and Munger talked about how, you know, a handful of ideas have been the big drivers of their returns and success. Buffett: We demand that every stock in the portfolio has a higher weight than it's underlying weighting,. And for most stocks significantly higher. The only way that stock can help your performance on a relative basis is if the stock falls.
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