Painting your own painting

This is a very short post but it contains an essential guiding principle for investors in dealing with CEOs. At this years Annual Meeting at Berkshire Hathaway, someone asked Warren Buffett and Charlie Munger how they intend to keep their managers of Berkshire‘s subsidiaries. This and another question triggered Warren to explain that he does […]

My three favourite Buffett & Munger quotes.

I am a regular visitor to the Berkshire Hathaway Annual Shareholder Meeting in Omaha, Nebraska. I don‘t go there because I hope that something  magic rubs off, but because it is a lesson in sanity and clarity in thinking.  I have now more than my fair share of Buffett or Munger quotes that I can […]

The Fab Four

There are four excellent companies who dominate how we search, how we shop, how we communicate, and which gadgets we use: Google, Amazon, Apple and Facebook. The first three of these companies also are among the top 5 of the Fortune Magazine’s 50 most admired companies in 2010 . (Facebook is not in this list and […]

Loving what you do.

I spend quite some time these days coaching friends, former colleagues or fellow entrepreneurs about “what should I do next“. There are some interesting parallels in these discussions. Strikingly, the self-imposed limitations of what people feel they can do constrain people’s choices in an amazing way. And this is true for any income group. Despite […]

Business ideas that excite me.

Finally getting to talk to people again. Discussing ideas, market developments, the underlying trends, barriers to entry, business areas worth disrupting and all these things just plain fun for me. I will get bored eventually as I prefer to do things instead of talking about doing things, but for the moment I enjoy the conversation. […]