Terrific article. I’m a discipline of Buffett and love learning more about his approach! You had a very eloquent style. Thank you for it! In terms of Retained Earnings and accumulated compounding how much value would you calculate that someone like Lou Simpson added to Geico? I’ve heard Buffett say 60% of capital allocation in 10 years comes from the CEO or in that specific case CIO. Interesting the value management brings in terms of capital allocation.
Great piece Gary!
Interesting to read about how the factors that Buffet weighed into 'valuation' changed throughout the course of his legendary investing journey
Terrific article. I’m a discipline of Buffett and love learning more about his approach! You had a very eloquent style. Thank you for it! In terms of Retained Earnings and accumulated compounding how much value would you calculate that someone like Lou Simpson added to Geico? I’ve heard Buffett say 60% of capital allocation in 10 years comes from the CEO or in that specific case CIO. Interesting the value management brings in terms of capital allocation.