Floats, Moats, My Plans For This Year, Starting An Investment Partnership, And Looking For Partners

More About Floats And Moats

I am going to be taking another week or so away from researching companies to concentrate on learning more about floats and moats, and then start applying some of the lessons I have learned, especially about float, to the companies I have already written articles about.  Directly below is some of the material I have been learning from.

25iq.com-Charlie Munger On Circle of Competence, the Second Essential Filter.

25iq.com-Charlie Munger On Management With Talent And Integrity, The Third Essential Filter.

25iq.com-Charlie Munger On Margin Of Safety, The Fourth Essential Filter.

Read the book Repeatability and here is the accompanying site.  Would highly recommend the book as well as the site.  I also plan to read the authors other books as well.

NPR-Warren Buffett Explains The Genius Of Float.

Fool.com-Warren Buffett Plays The Float With Blue Chip Stamps And Private Jets….And Wins.

Seeking Alpha-Berkshire Hathaway Worth Its SALT 2012 Update, about float.

Seeking Alpha-Buffett On Insurance And Investing: Its About The Float.

Corner Of Berkshire And Fairfax-Munger On Deferred Tax Liabilities and Intrinsic Value.

These things along with the information on floats and moats that I have previously posted from the Fundoo Professor, are the types of things I have been learning from recently.  Now I am going to go back over all the companies I have written articles on to determine if they had any float and will report back to you sometime in the next week about my findings and then it is on to finding more companies to research.

I also found two fantastic blogs that I highly recommend going back and reading all of their blog postings.

Monte Sol Capital

Sahara Investing

Also, Sahara Investing has recently published an article on Strattec, which is a company I own, and he came to a differing conclusion than I did and I wanted to share his fantastic article with you.

Plans For This Year

I am a very simple guy with simple wants and needs so I only have two plans and one goal for this year.

  • Continue to learn something new and improve in every aspect of life every single day.
  • To get completely healthy.

My one goal for this year is that by this time next year I want to have started my own investment partnership/hedge fund.

If any fellow value investors would like to collaborate on something like this please let me know as I have already started the process of looking into what I legally need to do to start an investment firm, I have already talked to my buddy who is a lawyer who said he will look into what exactly I need to do, and would be very interested in listening to any potential opportunities you may have thought of.

3 Replies to “Floats, Moats, My Plans For This Year, Starting An Investment Partnership, And Looking For Partners”

  1. Please keep us updated on the process of starting an investment partnership/hedge fund on your own…it’s something I am definitely thinking about in the future, but that I’m still not educated enough to actually attempt yet. I wish you good luck and a happy new year!

  2. Thank you and will do.

    Along with my normal analysis articles and posting of links I will probably be posting whenever I clear a hurdle in the process of opening the firm and the steps that will take.

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