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senthil_rajasek 7 hours ago

Here is a fantastic farewell message that Seth Klarman wrote on Buffett's retirement for The Atlantic,

How Buffett did it?

https://web.archive.org/web/20250000000000*/https://www.thea...

chistev 6 hours ago | parent | next [-]

That link isn't loading up for me.

senthil_rajasek 4 hours ago | parent [-]

Try this one.

https://web.archive.org/web/20251231204056/https://www.theat...

abirch 7 hours ago | parent | prev [-]

Buffett's Alpha: http://docs.lhpedersen.com/BuffettsAlpha.pdf

tldr; he was leveraged with good stocks

lifeisstillgood 4 hours ago | parent [-]

“””Whether it’s socks or stocks, I like buying quality merchandise when it is marked down”””. Buffet, BH annual report 2008