Buffet Letter 2014 – My notes : "You see a cockroach in your kitchen; as the days go by, you meet his relatives"

On relationship with Munger and More importantly the respect: In 56 years, however, we’ve never had an argument. When we differ, Charlie usually ends the conversation by saying: “Warren, think it over and you’ll agree with me because you’re smart and I’m right.”    On Buying Good business:  Forget what you know about buying fair [...]

Buffet Letters 2013 – My Notes “A bull market is like sex. It feels best just before it ends.”

Buffet Letters 2013 - My Notes  “A bull market is like sex. It feels best just before it ends.” Buffet recently made two big investments in Capex intensive business - Railroads and energy utility ....and his rationale is below.  "Our confidence is justified both by our past experience and by the knowledge that society will [...]

Infosys q4 results – does it need tuition on Art of managing expectations ?

Infosys from being the most predictable company has now taken the pole position in being the most unpredictable. 2 qtrs of 20% movements ... What transpired?How can a company /mgmt which is unable to communicate clearly to investors about business outlook and performance - be doing the right things with its clients in a service [...]