Buffett's Last Stand: Even a Predator Respects a Legend's Hunt!

No More Buffett Banter? 'Stick Around' Says the Oracle...For Now

The old one Buffett he is stepping down. End of 2025 the hunt for his successor begins. For six decades he led the Berkshire pack. I respect that. Like Dutch said 'Stick around.' But even the mightiest hunter must eventually rest. This 'Woodstock for Capitalists'…sounds like a fine gathering of prey... I mean *mighty* hunters of finance. Perhaps I'll observe from the trees next year. See if these humans truly understand the art of the kill...err...investment.

Real Estate: A Jungle Too Tangled Even for a Predator

Buffett says real estate is 'so much harder than stocks.' He calls it too much negotiation. Too many complexities. I understand. Real estate is like hunting in a dense jungle... Too many vines to cut through! Stocks? More like hunting in an open field. A quick clean kill! 'If it bleeds we can kill it' applies to bad deals not properties apparently. But I still prefer the hunt where the blood flows freely… from the right targets of course. A financial bloodbath if you will. *chuckles menacingly*

Japanese Gold: Found in a Handbook?! A Predator's Guide to the Galaxy

Buffett found his Japanese investments in a *handbook*? A true hunter uses intuition years of experience and thermal vision! But I admit sometimes the simplest tools yield the greatest trophies. These 'sogo shosha' sold at 'ridiculously low prices'. A foolish error on their part. Always scout your prey before engaging! I suppose even humans can stumble upon good fortune sometimes. Lucky for them I'm not interested in their *trading companies.* Though 'lucky' is relative isn't it?

Eight Ideas Fifty Years: Patience is a Virtue (Even for a Yautja)

Eight ideas in fifty years? That's… slow. But Buffett emphasizes patience. 'You have to be patient.' He quotes Munger. Even I a hunter of great skill understand the importance of patience. 'No time to bleed.' Wait for the perfect moment to strike and make it count. Opportunities don't come every day. When they do you need to be ready to seize them. It's not a sprint it's a marathon as those marines like to say. (Though I prefer a sprint followed by a brutal…extraction).

Insurance Float: Free Money? Challenge Accepted!

Buffett boasts of 'absolutely free money' from insurance float. A bold claim! It's like finding an unshielded target. Too good to be true? There will be years when Berkshire has a 'bad underwriting record'. Mistakes happen. Even to legends. Still float is 'like running a bank'. Free money you say? Perhaps I should diversify my portfolio beyond skulls and trophies. I will be back and I will need better float.

Balance Sheets: The Predator's X Ray Vision

Buffett spends more time looking at balance sheets than income statements. Wise. The balance sheet reveals the true strength of the prey. A true hunter sees beyond the surface. Wall Street ignores them? Fools! I however appreciate the value of knowing the enemy's weaknesses. 'One thing we've really never talked about here'. I will now talk about it. Now the hunt will be better. The sport will be better.