Postcards: Where the Sidewalk Ends... the Truth About Warren Buffett... and the Week Ahead

Buffett doesn't really like market competition when you think about how he invests... governments are bad with money... and the Oregon Duck collapses from exhaustion after all the pushups it did today

Dear Fellow Expat:

As I noted earlier this week, the Oracle of Omaha has a reputation for being the best value investor of all time.

The story goes that Buffett taps into Ben Graham style value investing… plays the long game… and then drinks a Cherry Coke while playing with the grandkids.

I’m here to tell you the other side of that tale. Buffett’s more ruthless than he looks.

He does well because he taps into something bigger than cash flow and stocks trading at a low book value.

Berkshire Hathaway has a keen eye on market share – and little worry if a company operates as a monopoly or part of an oligopoly or duopoly. Have a look at this chart below.

It breaks down the industries Buffett taps, his stocks, and the market share controlled by the largest players.