3min chapter

After Dinner Investor | Value Investing Podcast On The Hunt For No-Brainer Stock Investments cover image

King of Capital by David Carey and John E. Morris | ADI Book Club 3

After Dinner Investor | Value Investing Podcast On The Hunt For No-Brainer Stock Investments

CHAPTER

The Importance of Permanent Capital in Investing

"I'm so drawn to them I respect them so much but it draws me to them because when I think about what I want to do with my own investing like I want to win like they win," he says. "When did it make more sense to go buy a public company take it over like Berkshire Hathaway with buffet back in the day and use that vehicle to have permanent capital" He adds, "It totally makes their model look more even more attractive to me like Warren and Charlie's model now here's the rub Quran."

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