Value Investing World

Value Investing World

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Links - 01/22/2024
“Most investors strive fruitlessly for certainty and precision, avoiding situations in which information is difficult to obtain. Yet high uncertainty is…
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Joe Koster
Links - 01/09/2024
“When money is easy, few people opt to sit out the dance…. When faced with the choice between (a) maintaining high standards and missing deals and (b…
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Joe Koster
Links - 01/02/2024
“To achieve superior investment results, you have to hold nonconsensus views regarding value, and they have to be accurate.
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Joe Koster
Links - 01/17/2024
“If we encounter a man of rare intellect, we should ask him what books he reads.” —Ralph Waldo Emerson
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Joe Koster
Links - 01/16/2024
“Many investors insist on affixing exact values to their investments, seeking precision in an imprecise world, but business value cannot be precisely…
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Joe Koster
Investing Thoughts and Wisdom (mostly from others) – Part 22
I have a file full of notes and excerpts from investors that I’ve collected over the years. I’ve been meaning to organize it for a while, and now that…
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Joe Koster
Rest in Peace, Charlie Munger
“I am trying to emulate my great-grandfather. When he died, they said about him, ‘Nobody envied the success, so fairly won and wisely used.’” —Charlie…
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Joe Koster
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Semper Augustus Investments Group: 2024 Annual Letter
Always my favorite investor letter of the year, Chris Bloomstran has released his Semper Augustus Investments Group 2024 Annual Letter, and he continues…
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Joe Koster
Links - 09/14/2023
“When securities prices decline, an investor’s perspective can go in one of two directions.
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Joe Koster
Links - 12/19/2023
“In business, I think the most important thing is to position yourself for long-term and not be too impatient, which I am by nature, and I have to…
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Joe Koster
Links - 02/19/2024
“Avoiding unnecessary risk is the single greatest imperative. Risk is always greatest at the peak but also the most underappreciated or recognized at…
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Joe Koster
Links - 11/30/2023
“What really makes it work is…durable competitive advantage….
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Joe Koster
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