Background: Buffett and Investing in Indian Companies

Personal Note:  As can probably be guessed from the paucity of recent posts, I have been rather busy trying to set up a new partnership.  So, though there have been a lot of things that have caught my attention, I haven’t been able to post much.  I decided to take the medicine and do a few short posts when I get the time.

James Lamont had an interesting piece — quite a while ago — during Warren Buffett’s visit to India.  Buffett was really there with Gates for his philanthropic work Continue reading “Background: Buffett and Investing in Indian Companies”

Investment Strategy: How to Make Money in Bill Gross’ “New Normal”

Bull and bear in front of the Frankfurt Stock ...
Image via Wikipedia

I re-read a copy of Bill Gross‘s April 2009 Investment Outlook and some things — besides his very consistent world-view and investment philosophy — were refreshed again, especially his parting words: Continue reading “Investment Strategy: How to Make Money in Bill Gross’ “New Normal””

Background: Hedge Fund Fees, Terry Smith and Warren Buffett

Terry Smith has written again about the kerfuffle he’s raised about his last entry on the Hedge Fund 2 & 20 deal.  He says that commentary on his calculation has centered either against the calculation methodology or basically said “so what?”  I don’t question his methodology, nor do I think it doesn’t rate some soul-searching.  However, there are a couple of other things that I really have an issues with: Continue reading “Background: Hedge Fund Fees, Terry Smith and Warren Buffett”

Background: Terry Smith, Warren Buffett and Hedge Fund Fees

Terry Smith

Terry Smith, CEO of Tullett Prebon has a blog of his own, probably preparatory to his starting his new fund management shop Fundsmith.  He talks about straight talking in his aptly named blog.  If one of his first blogs is anything to go by, it should be interesting reading.  In this, he talks about fund management fees versus investing in Berkshire Hathaway, Warren Buffett‘s investment vehicle.  To wit, Continue reading “Background: Terry Smith, Warren Buffett and Hedge Fund Fees”