Charles Sheffield’s Post

“The late Charlie Munger liked to say that to be a good investor, you have to fish where the fish are. To be a great investor, though, you have to fish where the fishing boats don’t even go. That’s one of the messages of a new book about the methods and thinking of an investor at the beginning of an extraordinary career. “Buffett’s Early Investments,” by Brett Gardner, looks at 10 of the companies Warren Buffett bet on between 1950 and 1966, when he was in his 20s and 30s. Could anybody do today what Buffett did then? In some ways, it should be even easier: Information is universally available, trading is virtually free and individuals have vital advantages over institutional investors. In many ways, it’s vastly harder: Markets are much more efficient, bargains are all but extinct and everyone wants to fish in the same spots. To emulate Buffett’s early success, you need to think like almost nobody else. You also need plenty of patience and boatloads of courage.”

Legacy isn’t just built in boardrooms; it’s forged in conversations that shape the future. Not long ago, I met with my sons in LA to discuss our next commercial real estate investment. These moments are about more than business—they’re about preparing the next generation to lead with purpose, strategy, and integrity. Here’s what experience has taught me: ✅ Stay disciplined. Markets change, but principles don’t. ✅ Be prepared. Success favors those who know the risks and still move forward. ✅ Lead by example. The way you handle challenges will shape the people around you. As fathers and investors, we aren’t just closing deals; we’re setting the foundation for something far greater. The best returns aren’t measured in dollars but in what you pass on. What values are you passing down in your work and your family? #LegacyBuilding #FutureLeaders #Fatherhood #InvestmentWisdom #MentorshipMatters #GenerationalWealth

I recall an ex-Chaiman at a previous tenure challenging me on being too bold, and not bold enough! He, very arrogantly and IMHO naiively (5 mins in) challenged me in the Boardroom and described my performance as “embarrassing”! Perhaps it stoked his ego, perhaps he was just a wishful bully! Not to name and shame, but there were signals and he had form! He talked incessantly about “wearing more down his tie after a good night out” than the relatively modest amount of investment required to fix the company. A company with catastrophic under-capitalisation and with massive potential! But after 2 more years, beyond my falling on his sword, he failed to raise even £100! Without surprise, nothing fundamentally changed and the company went on to scrabble and scramble! So, be bold and be brave, and whatever you do, do not place over-inflated confidence or trust in those who pretend to know better! Nobody (NOBODY) knows better than those at the coalface, on critical aspects of strategy, tactics and operations! Consultants and advisors, if they are worth their salt, will take the time to properly consult and to properly synthesise. Key note: Make sure to pick your board, your advisory and your investors carefully, and apply rigorous dilligence accordingly! The impact of poor choices can have massive and dissproportionate impacts!

When was the last time you thought about the future impact of your hard work today? Warren Buffett, one of the most successful investors of all time, didn’t become a billionaire overnight. He started small, with deliberate steps. At eleven, he bought his first stock. 📈 Buffett didn't just stumble into Success. He immersed himself in learning, reading financial texts, and embracing value investing principles. 📚 In 1962, he bought shares of a struggling textile company, Berkshire Hathaway. It wasn’t an instant turnaround. But through relentless research and a commitment to long-term growth, he transformed it into a Powerhouse. His investments created jobs, spurred innovation, and brought financial returns. 💰 So, what’s the lesson here? The hard work and investments we make today are like planting trees. They might not show results immediately, but with patience and dedication, they’ll provide shade and fruit in the future. 🌳🍏 Ask yourself: Are you investing in your future with the same patience and foresight? Remember, the efforts you put in now will shape your tomorrow. Make sure you’re planting the right seeds for a prosperous and fulfilling future. 🌟 Share your story or what you are working on in the comments! 🌟 🔍 Follow and Share to spread the wisdom and inspire others!

🚀🚀𝐀 𝐋𝐨𝐨𝐤 𝐢𝐧𝐭𝐨 𝐭𝐡𝐞 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐞𝐬 𝐨𝐟 𝐋𝐞𝐠𝐞𝐧𝐝𝐚𝐫𝐲 𝐈𝐧𝐯𝐞𝐬𝐭𝐨𝐫𝐬 👉Have you ever wondered what separates the world's most successful investors from the rest? Let's dive into the strategies of some of the most iconic names in the investment world.💸💸 𝟏. 𝐖𝐚𝐫𝐫𝐞𝐧 𝐁𝐮𝐟𝐟𝐞𝐭𝐭: Often referred to as the "Oracle of Omaha," Buffett's strategy is rooted in 𝐯𝐚𝐥𝐮𝐞 𝐢𝐧𝐯𝐞𝐬𝐭𝐢𝐧𝐠. He seeks out undervalued companies with strong fundamentals and holds them for the long term.💷💷 𝟐. 𝐂𝐚𝐫𝐥 𝐈𝐜𝐚𝐡𝐧: Known for his aggressive tactics, Icahn is a proponent of 𝐚𝐜𝐭𝐢𝐯𝐢𝐬𝐦. He often takes significant stakes in underperforming companies and pressures management to improve their strategies or sell the company.💰💰 𝟑. 𝐏𝐞𝐭𝐞𝐫 𝐋𝐲𝐧𝐜𝐡: A former mutual fund manager, Lynch's approach is based on 𝐠𝐫𝐨𝐰𝐭𝐡 𝐢𝐧𝐯𝐞𝐬𝐭𝐢𝐧𝐠. He looks for companies that have the potential to grow rapidly, often focusing on industries that are experiencing significant change.💸💸 𝟒. 𝐁𝐞𝐧𝐣𝐚𝐦𝐢𝐧 𝐆𝐫𝐚𝐡𝐚𝐦: The 𝐟𝐚𝐭𝐡𝐞𝐫 𝐨𝐟 𝐯𝐚𝐥𝐮𝐞 𝐢𝐧𝐯𝐞𝐬𝐭𝐢𝐧𝐠, Graham's strategy emphasizes buying stocks 𝐚𝐭 𝐚 𝐬𝐢𝐠𝐧𝐢𝐟𝐢𝐜𝐚𝐧𝐭 𝐝𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐭𝐨 𝐭𝐡𝐞𝐢𝐫 𝐢𝐧𝐭𝐫𝐢𝐧𝐬𝐢𝐜 𝐯𝐚𝐥𝐮𝐞. He believed that over the long term, the market would eventually recognize the true worth of these undervalued assets.📈📈 𝟓. 𝐉𝐨𝐡𝐧 '𝐉𝐚𝐜𝐤' 𝐁𝐨𝐠𝐥𝐞: The founder of Vanguard, Bogle is known for his advocacy of 𝐢𝐧𝐝𝐞𝐱 𝐢𝐧𝐯𝐞𝐬𝐭𝐢𝐧𝐠. He believes that passive investing, which involves tracking a market index, can outperform actively managed funds over the long term.📊📊 𝟔. 𝐓𝐡𝐨𝐦𝐚𝐬 𝐑𝐨𝐰𝐞 𝐏𝐫𝐢𝐜𝐞 𝐉𝐮𝐧𝐢𝐨𝐫: Price was a pioneer in 𝐦𝐮𝐭𝐮𝐚𝐥 𝐟𝐮𝐧𝐝 𝐢𝐧𝐯𝐞𝐬𝐭𝐢𝐧𝐠. He believed in the power of diversification and long-term investing.💵💵 𝟕. 𝐖𝐢𝐥𝐥𝐢𝐚𝐦 𝐁𝐢𝐥𝐥 𝐆𝐫𝐨𝐬𝐬: The founder of PIMCO, Gross is known for his 𝐟𝐢𝐱𝐞𝐝-𝐢𝐧𝐜𝐨𝐦𝐞 𝐢𝐧𝐯𝐞𝐬𝐭𝐢𝐧𝐠. He often used interest rate analysis to identify investment opportunities in bonds and other fixed-income securities. What are your thoughts on these legendary investors and their strategies? Have you incorporated any of their principles into your own investment approach? Let's discuss! 𝐒𝐨𝐮𝐫𝐜𝐞: Inshorts #investing #finance #WarrenBuffett #CarlIcahn #PeterLynch #BenjaminGraham #JohnBogle #ThomasRowePrice #WilliamGross #valueinvesting #growthinvesting #indexinvesting #activism #fixedincome.

🌟 𝗛𝗼𝗻𝗼𝗿𝗲𝗱 𝘁𝗼 𝗥𝗲𝗰𝗲𝗶𝘃𝗲 𝗖𝗵𝗿𝗶𝘀𝘁𝗼𝗽𝗵𝗲𝗿 𝗧𝘀𝗮𝗶’𝘀 𝗧𝗲𝘀𝘁𝗶𝗺𝗼𝗻𝗶𝗮𝗹 🌟 I’m deeply grateful to have received a 𝘁𝗲𝘀𝘁𝗶𝗺𝗼𝗻𝗶𝗮𝗹 for my upcoming book on value investing from Christopher Tsai, President and Chief Investment Officer of Tsai Capital Corporation. His gracious support and insightful feedback have been truly humbling, and I’m deeply appreciative of his generosity. Earlier this year, I had the privilege of meeting Christopher Sir in New York City (during my visit there as a part of the Global Stock Pitch Competition finals organised by Young Investor Society). Over there, we had a great conversation that left a lasting impact on me. We spoke about the paradox in life and investing: that while most things are simple, they are rarely easy. True success, he reminded me, often lies in the ability to master the basics with discipline, clarity, and patience. He emphasized the importance of balancing common-sense fundamentals, like taking care of both body and mind, as the core of sustained success. Christopher Sir’s dedication to value-driven investing, grounded in ethical principles, has been a powerful influence on my own journey. His approach to value investing, deeply rooted in ethics and purpose, has been a profound influence on my own path. To have his endorsement for my work is an inspiring reminder of the power of mentorship and the enduring value of learning from those who lead with wisdom and integrity. I would like to thank him for like many others, having belief in me and for inspiring me to continue on this journey of value. Below is a picture of the his comments on my book and of my meetup with him in NYC. #ValueInvesting #Investing #Finance #ChristopherTsai

Interesting shout out Bits & Pretzels: we need more individuals with private family capital and family offices in Europe to take more risks and put much more capital into the companies that help us to make the shift.

💡 Where will 2025 take you? Stay ahead with Paul’s expert insights into the year’s biggest wealth-building opportunities. Whether you're a seasoned investor or just starting out, this is your chance to see the future and position yourself for success. 📅 Date: Today 🕒 Time: 8pm 🎟️ Seats are filling fast – register now: https://lnkd.in/g6WzTceV #WealthTrends #PaulsPredictions #FinancialSuccess

☀️Throughout this Summer Series, we're speaking to 12 accomplished investors and financial advisors to unpack their journeys in finance and the lessons they've learned along the way☀️ Scott Phillips is the Chief Investment Officer of The Motley Fool Australia. In today’s conversation with Scott, we’re unpacking: → How a cold email saw Scott find his way into the finance industry → The training process the Motley Fool uses to upskill new analysts → Scott’s personal investing philosophy and how that has evolved from his early days → The one ETF Scott owns as part of his portfolio → The largest stocks Scott owns in his portfolio → The advice Scott wishes to share with every young investor 🎙️Listen to the full ep here: https://lnkd.in/gYbjMdMX A big thank you to Viola Private Wealth, for sponsoring this Summer Series and helping us keep all our content free for the community. To connect with the team at Viola Private Wealth, visit https://lnkd.in/gANKsdsG

Check out Scott's article, where he shares a great reflection on the lasting impact of John Bogle’s investing principles. These insights offer valuable wisdom for anyone planning their financial future.