Core Insights - Warren Buffett, the CEO of Berkshire Hathaway, will retire at the end of 2025, passing control of the company's $300 billion investment portfolio to Greg Abel [1][2] - Under Buffett's leadership, Berkshire Hathaway's Class A shares have gained over 6,086,000% since he became CEO approximately 60 years ago [2] - Buffett has been a selective buyer in a historically expensive stock market, with a notable exception being his consistent purchases of Domino's Pizza stock over the last five quarters [4][10] Company Performance - Domino's Pizza has seen its shares rally 6,400% since going public in July 2004, including dividends [10] - The company has successfully executed a marketing strategy that improved its product perception, contributing to its stock performance [12][13] - Domino's has a robust capital-return program, having increased its base annual dividend for 13 consecutive years, which appeals to long-term investors [15] Investment Strategy - Buffett's investment philosophy emphasizes long-term value, sustainable competitive advantages, and strong management teams, with a critical focus on valuation [5][6] - The "Buffett Indicator" recently reached an all-time high of 223%, indicating a historically expensive stock market [6] - Despite being a long-term investor, Buffett has sold $184 billion more in stocks than he has purchased over the last three years, leading to a cash pile of approximately $382 billion [7][8] Valuation Metrics - As of November 20, shares of Domino's Pizza were valued at 20 times forward-year earnings, representing a 25% discount to its average forward price-to-earnings ratio over the past five years [16]

My primary area of concentration will be on identifying companies of exceptional caliber, with a proven ability to reinvest capital for impressive returns. The ideal scenario is for these companies to demonstrate a long-term capability of capital compounding, with a high enough compound annual growth rate to potentially deliver tenfold returns or even greater.My approach is to maintain a long-term perspective on these companies, as I believe this will generate higher returns compared to the market index, in ...

Core Insights - The article emphasizes the importance of connecting macroeconomic context with company-level valuation to identify long-term investment opportunities [1] Group 1: Investment Philosophy - The investment philosophy focuses on a deep-value approach combined with a long-term vision, targeting underfollowed or undervalued companies [1] - Established leaders are also considered when new opportunities or structural value emerge [1] Group 2: Market Perspective - Being based in Argentina provides a unique perspective on a complex and dynamic market, allowing for in-depth coverage of local assets [1] - The analysis also extends to Latin American and global trends, highlighting the interconnectedness of markets [1]

Core Insights - The article emphasizes the importance of investing in companies with a strong history of dividend growth, particularly those classified as Dividend Kings, which have increased dividends for at least 50 consecutive years [1][2] Investment Strategy - A good company is often defined by its ability to pay and grow dividends over time, aligning with Benjamin Graham's advice to focus on long-term dividend payers [2] - Warren Buffett's investment philosophy suggests buying good companies at attractive prices and holding them for the long term, which is a strategy that can be adapted by individual investors [3][11] Investment Approach - For passive investors, buying an S&P 500 index fund and consistently adding to it is recommended as a sound strategy, allowing for dollar-cost averaging [4] - Berkshire Hathaway serves as an example of a successful investment vehicle, owning a diverse range of companies and demonstrating strong long-term performance [5] Stock Selection Criteria - Investors should focus on companies with understandable business models and long-term growth potential, supported by thorough analysis of quarterly earnings and annual reports [7] - Stocks with historically high dividend yields are often attractively priced, making them a good focus for long-term dividend investors [8] - Traditional valuation metrics such as price-to-sales and price-to-book ratios should be used to confirm the attractiveness of a stock's price relative to its dividend yield [9][10] Long-Term Investment Philosophy - Holding investments for the long term is crucial, as it allows investors to benefit from the growth of the companies they own, exemplified by companies like PepsiCo [11] - Investors are advised to limit their stock purchases to a small number, ideally 20 or fewer, to maintain focus and avoid overtrading [12][13]

most successful investors of all time: "we are in this for the long term. we buy undervalued things and then hold longer than you."derplets: "wow price is up 1.26%. this also coincides with 875 days ago when BTC went up 1.26% and topped on a full moon. it's over."retardio ...

Company Performance & Market Position - Amazon's stock had only rallied 295% since July 6, 2021, underperforming the S&P 500, which doubled that performance [1] - The author acknowledges being wrong about Amazon for the past four years [2] - The author believes Amazon stock will eventually catch up with his judgment [4] Strategic Outlook & Long-Term Investment - The author's charitable trust takes a long-term view, longer than Andy Jasse's tenure as CEO [2] - The author emphasizes the importance of sticking with stocks of companies whose services are valuable, reliable, and trustworthy [3] - The author doesn't care that the stock is only up about 30% since Jesse became CEO, maintaining a long-term belief in Amazon [4] CEO & Leadership Transition - Andy Jasse took over as CEO after running Amazon Web Services [2] - The author's investment timeframe is longer than Jasse's tenure [3]

Performance Summary - The iShares MSCI EAFE Value ETF (BATS: EFV) has delivered a total return of almost 33% in 2025, significantly outperforming the SPDR S&P 500 ETF (SPY), which has seen returns of less than half that amount [1]. Investment Strategy - The investment approach focuses on fundamental long-term perspectives, combining long stock positions with covered calls and cash secured puts [1]. - The analyst primarily covers REITs and financials, with occasional insights on ETFs and stocks influenced by macroeconomic trade ideas [1].

Core Thesis - JBS N.V. presents a compelling long-term investment opportunity driven by structural tailwinds in the U.S. beef industry and a diversified global portfolio [2] Industry Overview - The U.S. cattle herd has fallen to its lowest levels since the 1950s, creating a multi-year supply constraint that supports higher beef prices [2] - The North American beef segment is currently experiencing negative margins due to high livestock costs, but JBS's poultry, pork, and international operations consistently generate strong profits [2] Company Strategy - JBS is actively investing in modernizing U.S. facilities and expanding higher-margin, value-added products such as ready-to-eat bacon [3] - The dual listing on the NYSE increases visibility and institutional interest for JBS [3] Valuation Comparison - JBS trades at a significant discount compared to peers like Tyson Foods, with a P/E ratio of 7.5x–15x versus Tyson's 24x, indicating potential upside if the market re-rates the stock closer to its intrinsic value [3] Risks and Catalysts - Near-term risks include narrow profit margins in the beef segment, regulatory and political uncertainties, and potential delays in herd recovery due to droughts or macroeconomic factors [3][4] - Key catalysts to monitor include herd growth, performance in non-beef segments, and analyst sentiment, which could position JBS for a rerating and substantial upside potential over a multi-year horizon [4]

Core Insights - The U.S. home equity market, valued at $36 trillion, is now accessible to accredited investors through platforms like Homeshares, which were previously dominated by institutional investors [1] - New investment platforms are simplifying entry into the real estate market, allowing individuals to invest without the burdens of property ownership [2][8] Investment Opportunities - Investors can participate in real estate with minimal amounts, such as $100 through crowdfunding platforms like Arrived, which offers shares in rental and vacation properties [8][9] - For accredited investors, options like the U.S. Home Equity Fund require a minimum investment of $25,000, providing exposure to owner-occupied homes with risk-adjusted returns between 12% and 18% [7][9] Jeff Bezos and Amazon - Jeff Bezos' family members made significant early investments in Amazon, with his brother Mark reportedly earning over $600 million from their initial stake [4][6] - Bezos has transitioned from being Amazon's CEO to investing in other ventures, including his space exploration startup, Blue Origin, after selling a substantial portion of his Amazon shares [17][18] Market Trends - The real estate market is viewed as an inflation-resistant investment, with various avenues available for both accredited and non-accredited investors to grow their wealth [2][14] - Platforms like Moby and Public provide tools for stock market investing, with Moby's stock picks outperforming the S&P 500 by an average of 11.95% over the past four years [20][21][22]

Core Insights - Investing should be approached with a long-term perspective, contrasting with the short-term views often held by investors [1] - The Vanguard S&P 500 ETF is highlighted as a potentially smart investment choice, with an alternative ETF suggested as possibly even smarter [1] S&P 500 Index Overview - The S&P 500 index aims to track the broader U.S. economy, with companies selected by a committee to represent economic significance [3][4] - The index is weighted by market capitalization, meaning larger companies have a greater impact on its performance [4] Historical Performance - Historically, the S&P 500 index has shown growth over time, with recoveries following market pullbacks, making it a favorable investment regardless of timing [5] - The Vanguard S&P 500 ETF is noted for its low expense ratio of 0.03%, making it an attractive option for investors [6] Current Market Considerations - Current market conditions present challenges, as buying the S&P 500 index near all-time highs may lead to potential short-term losses if a bear market occurs [7] - The market cap weighting of the S&P 500 index may expose it to sectors that could be adversely affected during economic downturns [7] Investment Alternatives - Despite concerns about the current valuation of the S&P 500, historical trends suggest that investing during high valuations can still yield positive long-term results [8] - An alternative investment option is mentioned, indicating that there are stocks considered to be better investments than the Vanguard S&P 500 ETF [8]