Friday, January 13, 2006
Making better decisions
Buffett has done a spectacular job separating emotions from investment decisions. In fact, that’s a trait many outstanding investors possess. Paul Schoemaker, who wrote the books Decision Traps and Winning Decisions quickly summarizes his thoughts on making better decisions. Click here (it’s a video, by the way)
The furniture business is becoming increasingly competitive. But the Nebraska Furniture Mart still does well. An article from the Kansas City Star that discusses the closing of a competitor.
Refreshers of outstanding articles we have posted in the past (I'd suggest saving these files to your hard-drive for future access)
Charlie Munger’s discussion of building mental models to become a better investor. This one is a must. Click here.
“The Warren Buffett you don’t know” from BusinessWeek
The listing contains links to a free pdf version of the model, you only have to pay for the "live" excel version.
This is not random spam. A lot of time was put into creating this model, and I own BUD stock.