Lots of references to some of my favourite passages and indeed the one chapter of BG’s classic which I think has influenced my thinking more than any other. In fact as would go so far as to say that one sentence from Chapter XX laid the foundations for everything else after I first read it in 1987. “Investment is most intelligent when it is most businesslike.”. Great summary of your value principles and illustrated with the wonderful example of Seaboard Inc. Thank you for synthesing this timeless wisdom.
Lots of references to some of my favourite passages and indeed the one chapter of BG’s classic which I think has influenced my thinking more than any other. In fact as would go so far as to say that one sentence from Chapter XX laid the foundations for everything else after I first read it in 1987. “Investment is most intelligent when it is most businesslike.”. Great summary of your value principles and illustrated with the wonderful example of Seaboard Inc. Thank you for synthesing this timeless wisdom.
Every investor should read Tim’s commentary which provides a simple, clear framework for disciplined, patient investing and Financial Planning.