tag:blogger.com,1999:blog-9031526429482744032.post2476557276541493675..comments2024-03-29T00:20:06.554-07:00Comments on Don't fuck with Donville: Between Buffett and AkrePenetratorhttp://www.blogger.com/profile/01670644029306203741noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-9031526429482744032.post-81096029772958701662018-01-20T22:48:32.714-08:002018-01-20T22:48:32.714-08:00Might consider investing in Asia. Japan, Singapore...Might consider investing in Asia. Japan, Singapore especially, rich hunting ground for asset plays. A 5-10% position on Russia ETF denominated in USD/CAD would be interesting. The market is 5 times earning, the most hated and feared in the world.<br /><br />It is a simple idea to buy into high quality business, timing is somewhat important, as buying at the top before a crash set one back a couple years but for long term compounding the entry price makes negligible difference.<br /><br />But fuck, life is short, the first million dollar is a real bitch.Anonymoushttps://www.blogger.com/profile/17362142560218772902noreply@blogger.comtag:blogger.com,1999:blog-9031526429482744032.post-37846571466108053222018-01-18T10:38:02.753-08:002018-01-18T10:38:02.753-08:00Looks like somebody got man crush on Akre. I like...Looks like somebody got man crush on Akre. I like him also...as well as few others like Lou Simpson and Gleen Greenberg. They like business with lots of free cash flow and they keep it simple. Dernekhttps://www.blogger.com/profile/08101682839740991655noreply@blogger.comtag:blogger.com,1999:blog-9031526429482744032.post-18415123482179243332018-01-18T09:57:24.914-08:002018-01-18T09:57:24.914-08:00Buffett shares same philosophy as Akre. He strongl...Buffett shares same philosophy as Akre. He strongly dislikes holding cash. His growing cash is a result of:<br /><br />1) increased retained earnings in insurance operations and privately held businesses<br /><br />2) inability to deploy cash i.e. buy whole, large businesses quickly enough at the right price<br /><br />3) the legal requirement to keep some cash on-hand at insurance subsidiaries.<br /><br />Edutrader<br /><br />Edutraderhttps://www.blogger.com/profile/11152124371486503665noreply@blogger.com