Welcome to Buffettucation
Buffettucation helps young investors develop an investment philosophy through the works of Warren Buffett and value investors that follow similar principles.
My name is Frank Jerome and I am an aspiring individual investor.
I have a passion for two things that encouraged me to start writing this blog; learning and investing.
A couple years ago I gained an interest in investing. Some would say that I was almost destined to be involved with money management; being that I was the treasurer of a private club
I formed with some friends in elementary school, and the Treasurer of three student organizations at St.John's University campus. I received a degree in Computer Science and Mathematics, and completed the MBA program in May 2010, concentrating in Finance. In hindsight, it seems as if the universe is directing me towards this field.
I began reading everything I could find on investing; starting off with Rich Dad, Poor Dad's Guide to Investing and then came across the Intelligent Investor by Benjamin Graham. In doing online research, I came across Warren Buffett's name and started reading more and more about him. His life and investing philosophies intrigued me; everything he said made sense and resonated with me on a deeper level. Sometimes, when you hear something, it makes so much sense to you because it is somehow aligned with the core of your being. I felt this with Warren Buffett. I read, watched and listened to everything I could find on him and with the Internet age, this is a lot of information.
I wanted to develop a foundation before I began investing on my own and I knew who I had to learn from. Buffett + Education = Buffettucation.
Combining Occam's Razor, the simplest method is the most preferable, with Warren Buffett's investment principles, I attempted to devise a philosophy of investing that was simple and long-term oriented. Investing is complicated, but a young investor should have a foundation upon which to build.
Warren Buffett's philosophy is simple.
1. Buy a business that you understand.
2. Look for a business with favorable long-term prospects. (competitive advantage)
3. Look for a business that is run by honest and competent people.
4. Buy the business at an attractive price. (margin of safety)
Once you fully understand and apply these principles, you will do well over time.
What to expect:
The best way I thought I could learn and keep track of my studying was to document it in a journal. I thought, well why not do so online, and share this information with others who may be in my position as well. So I started Buffettucation.
This site is dedicated to the investing philosophies of Warren Buffett and other great investors that learned from him as well; Bruce Berkowitz, Prem Watsa, Seth Klarman, Monish Pabrai, Chris Davis etc.
Most of my time was spent studying Warren Buffett, Chairman and CEO of Berkshire Hathaway, and other great investors who studied him as well. Therefore, I thought the name should reflect a combination of that and learning. So Buffettucation = Buffett + Education. (as you can see, the Mathematics has not left me)
This site is new and like my investing philosophy, I see this site doing very well for its readers over time.
Goals of Buffettucation
1. To assist new investors to develop a fundamental investing philosophy.
2. To learn to invest like Warren Buffett.
3. To share what I am learning each day.
I hope you all enjoy the site.
Berkshire Hathaway recent buys as of 12/31/2010
- ▼ 2011 (5)
- ► 2009 (50)