Offshore
Brandon Beylo RT @marketplunger1: Bruce Greenwald invited Li Lu to speak to his class on value investing. The result is a 90 minute masterclass on how to be a value investor. If you haven't watched the video, do it now. If you have, it's worth re-watching.…
usiness."
• "If you're not confident about your prediction and what you know, you can't put any money when the stock's in free fall."
WHAT PROVIDES THE BIGGEST RETURNS
• "Your biggest returns will come from no more than ten tremendous insights. That's it."
• "The only way to build those insights is intense curiosity, intense study."
INVESTING MISTAKES
• "The biggest mistakes come when you buy before you've done all the work."
• "My biggest mistakes aren't buying and losing money. It's not buying and missing out on 50-60x returns."
HOW MANY COMPANIES SHOULD YOU BUY
• "I don't have any set rules on how many stocks or companies I buy. Opportunities are sporadic and it depends on the environment."
• "I usually have 3-4 big ideas. If the market is exciting, I have more opportunities. Or if the market is boring, I have fewer."
HOW LI LU ALLOCATES TIME
• "Most of the time I spend reading and studying about everything. Learning new companies and industries."
• "If I find an idea that captivates me. I stop everything and obsess over that idea."
• "Besides that, I spend a lot of time with my kid and my wife."
TL;DR:
• Be an investigative journalist.
• Work obsessively in short bursts and spend the rest. of your time learning.
• When you've done the work and have conviction, buy a shitload to make it worth it.
• Before you invest $1, make sure you can answer the three big questions: Is it cheap, is the management team good, and why does the opportunity exist.
• Never stop learning.
• Become a curiosity machine.
tweet
• "If you're not confident about your prediction and what you know, you can't put any money when the stock's in free fall."
WHAT PROVIDES THE BIGGEST RETURNS
• "Your biggest returns will come from no more than ten tremendous insights. That's it."
• "The only way to build those insights is intense curiosity, intense study."
INVESTING MISTAKES
• "The biggest mistakes come when you buy before you've done all the work."
• "My biggest mistakes aren't buying and losing money. It's not buying and missing out on 50-60x returns."
HOW MANY COMPANIES SHOULD YOU BUY
• "I don't have any set rules on how many stocks or companies I buy. Opportunities are sporadic and it depends on the environment."
• "I usually have 3-4 big ideas. If the market is exciting, I have more opportunities. Or if the market is boring, I have fewer."
HOW LI LU ALLOCATES TIME
• "Most of the time I spend reading and studying about everything. Learning new companies and industries."
• "If I find an idea that captivates me. I stop everything and obsess over that idea."
• "Besides that, I spend a lot of time with my kid and my wife."
TL;DR:
• Be an investigative journalist.
• Work obsessively in short bursts and spend the rest. of your time learning.
• When you've done the work and have conviction, buy a shitload to make it worth it.
• Before you invest $1, make sure you can answer the three big questions: Is it cheap, is the management team good, and why does the opportunity exist.
• Never stop learning.
• Become a curiosity machine.
tweet
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Brandon Beylo (@marketplunger1) on X
RT @marketplunger1: Bruce Greenwald invited Li Lu to speak to his class on value investing.
The result is a 90 minute masterclass on how…
The result is a 90 minute masterclass on how…
Offshore
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The Institutional Limited Partner
Current private equity environment.
The ratio of distributions to capital calls stands at the lowest level ever. Bain estimates it at 0.7x, but
some investors are well below that; our portfolio was closer to 0.5x in 2023.
This pushes both LPs and GPs to turn to the secondary market to address the lack of liquidity.
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Current private equity environment.
The ratio of distributions to capital calls stands at the lowest level ever. Bain estimates it at 0.7x, but
some investors are well below that; our portfolio was closer to 0.5x in 2023.
This pushes both LPs and GPs to turn to the secondary market to address the lack of liquidity.
tweet
Offshore
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Hidden Value Gems
This was my favourite part
#Omaha #BerkshireHathawayAGM https://t.co/C6IeoApk2Z
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This was my favourite part
#Omaha #BerkshireHathawayAGM https://t.co/C6IeoApk2Z
My latest post on the seven lessons from learning and following #BerkshireHathaway over many years.
I highlighted the points that helped me to improve my performance the most.
There is also a big lesson on life beyond marking 💰
https://t.co/g5QFTw0Ub8 tweet
Offshore
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The Long Investor
Impulse Wave found on Berkshire Hathaways Cash pile.
Interesting https://t.co/OsUqmUMubS
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Impulse Wave found on Berkshire Hathaways Cash pile.
Interesting https://t.co/OsUqmUMubS
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The Long Investor
Buffett carried out a total of 62 buys and sells combined for the whole of 2023
Averaging 1.19 trades a week
He spends 5hours a day reading on average
It takes less than 10 seconds to make a trade
He spends 99.9% of his time researching and preparing and over the last 5 years, he has only beaten the S&P 500 performance by 10%
He is still considered one of the greatest investors of all time.
Stop over trading, stop paying fees, focus on preparation and execution and stop listening to BS accounts on X telling you that you’ll make a fortune over a short period of time trading, you won’t.
Focus on long term.
$SPY $QQQ HSI
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Buffett carried out a total of 62 buys and sells combined for the whole of 2023
Averaging 1.19 trades a week
He spends 5hours a day reading on average
It takes less than 10 seconds to make a trade
He spends 99.9% of his time researching and preparing and over the last 5 years, he has only beaten the S&P 500 performance by 10%
He is still considered one of the greatest investors of all time.
Stop over trading, stop paying fees, focus on preparation and execution and stop listening to BS accounts on X telling you that you’ll make a fortune over a short period of time trading, you won’t.
Focus on long term.
$SPY $QQQ HSI
tweet
Offshore
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Brandon Beylo
As of tonight, we are long silver futures.
#silver https://t.co/1tmPAZO5Nk
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As of tonight, we are long silver futures.
#silver https://t.co/1tmPAZO5Nk
If silver closes at or near its highs today I think it sets up for a face-ripping bull rally.
Will delete if wrong, of course.
#silver tweet