Investor Letters & Interviews

If you are looking for a manager to invest your capital, you know that finding one you can trust and rely on is essential to your investment success. Yet beneath the polished presentations and glossy reports lies a fundamental conflict of interest — one that quietly eats away at your returns. Imagine hiring a captain who refuses to board the ship he wants you to travel on, or a chef who won’t taste his own food. That’s how much “skin in the game” most asset managers have. The

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

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

The time to invest is when you’re getting a lot for your money regardless of what the economy or markets will do the next day, month or the next 1-3 years.

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