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Warren Buffett has been buying 3- and 6-month Treasury bills every Monday at weekly Treasury auctions, increasing his total position to 3% of the entire bill market. Charlie Munger humorously remarks on people's frequent mistakes leading to wealth. Buffett is likened to having 'Diamond Hands' in investing, emphasizing long-term commitment. Buffett and Munger avoid investing in businesses with uncertain futures, favoring 'Cash Cow' investments for compounding returns. Mohnish Pabrai, known as the 'Indian Warren Buffett,' advocates contrarian financial strategies for wealth-building.
In his 2011 Berkshire Hathaway Annual Letter, Warren Buffett explains why he advocates for investing in Commercial “Cash Cows” for Compounding Returns. Here's an excerpt from the letter: https://t.co/t87ogcGmjJ https://t.co/P5rd64yQ9A
This is Mohnish Pabrai, the "Indian Warren Buffett." He went from the slums of Mumbai to a $2 billion net worth through contrarian financial strategies. I had to figure out how he did it. Here are the 7 key tenets of Pabrai's unique wealth-building philosophy: https://t.co/O5VBdSw4T6
⚠️IS WARREN BUFFETT USING THIS METHODOLOGY? IT SAID BUY CHUBB $CB BEFORE THE LEGENDARY INVESTOR https://t.co/zJo7DDW1k9 👈 https://t.co/87IYICOeCa
