Investor Letters & Interviews

“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

“I believe Costco does more for civilization than the Rockefeller Foundation. - Charlie Munger

At RICHTWERT, we aim to protect and maximize our purchasing power through intelligent, risk-controlled investments in businesses.