Investor Letters & Interviews

RICHTWERT Investor Day in the Alps 2025 Risk in investing is often misunderstood —too many see it simply as the chance of losing money....

"It's hard to grasp how the best-performing stock of the last 20 years could spend the majority of that time with returns that would make...

Tariffs are dominating headlines, but what do they actually mean for businesses, why are they rising and how can investors protect...

“What gives you opportunities is other people doing dumb things!” - Warren E. Buffett

"We want to do business in such an environment, not because we like pessimism but because we like the prices it produces." - Warren Buffett

"There are two times in a man's life when he should not speculate: when he can't afford it and when he can." - Mark Twain