Global Wealth declined by $11.3 trillion last year, the first annual drop since the Global Financial Crisis
Here are the biggest winners and losers Source: Barchart, Fortune
Warren Buffett's Berkshire Hathaway invested a total of $814 million in 3 home builder companies during the 2nd quarter. Those investments include D.R. Horton $DHI, Lennar $LEN, and $NVR
Warren Buffett’s Berkshire Hathaway on Monday unveiled an $814mn investment in three US housebuilders, a bet on a sector that has benefited from dearth of supply. Berkshire disclosed it had purchased 6mn shares of DR Horton, worth about $726mn at the end of the second quarter, as well as 152,572 shares in Lennar and 11,112 shares of NVR. Shares of housebuilders and companies who service the industry have rallied this year after a difficult 2022 during which higher interest rates crimped demand. However, while higher mortgage rates have cooled the pace of existing homes sales, new homes sales have remained surprisingly robust owing to the limited supply.
The cost of timing the market
Source: Elements / Visual Capitalist
Capital allocation framework
Source: Brian Feroldi
balance sheet vs. bikini
Source: Compounding Quality / Chris Quinn
About providing the right information, and presenting it the right way!
Source: P. Akers thru Pascal BORNET
Mohnish Pabrai is seen by many as the best Indian investor ever
He paid $650,000 to lunch with Buffett and compounded at 25% (!) per year. Here's his investment checklist by Value Walk thru Compounding Quality / Chris Quinn
Profitability Analysis
Source: Compounding Quality / Chris Quinn
