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Acquired · May 6, 2024 · 270m

Berkshire Hathaway

The complete Berkshire Hathaway story: how Warren Buffett turned a failing textile mill into the most successful conglomerate in history. From the partnership years to See's Candies to the Geico insight to the current $900B+ empire. The evolution of Buffett's investing philosophy from cigar butts to quality.

Canon

Both Buffett and Munger were voracious readers who developed their investing frameworks through books before meeting in 1959. Their partnership worked because they had already been mentored by the same dead authors — Benjamin Graham, Philip Fisher.
Buffett's core discipline: focus on what you can control (business quality, capital allocation, management character) and ignore what you cannot (stock prices, market sentiment, macroeconomic predictions). This is the stoic dichotomy applied to investing.