About what?

About me: Im 24 yrs old, 6′4″ tall, 190lbs, self made millionaire. I wish. No im 40 yrs old, 5′6″ tall, 250lbs with $25,000 in debt. Thats what you think. Actually im somewhere in between.

My Investment Philosophy: Every Individual has his own gift. Mozart at music, Brando at acting, Edison at inventing and Buffet at investing. I think most people who go to business school, work on wall street or even those that appear on CNBC are average investors. Just because they learnt something doesnt mean they have a knack for it. If they knew so much about money wouldnt they be worth hundereds of millions and not be working as advisors,analysts or day traders?
“Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway“. Warren Buffet

I dont compose my own music, sing my own songs or reinvent the wheel. Following this logic I realised that theres an easier and better way to invest than daytrading and spending hours every week reading daily news about stocks. Find the geniuses of Investing/Management and get them to grow my money.The few stocks I own I like to bet on for the long term because “In the short term the stock market is like a voting machine. In the long therm its like a weighing machine”. Most of my purchases are of great companies and good prices. Since a good company can be ruined by a bad CEO or poor management I also prefer companies whose CEOs are good at running their companies.

My current investments:

Changes to investments
September 15th 2006 – Sold CBS as it reached my sell point. Added to Berkshire Hathaway.
September 27th 2006 – Bought Sears Holdings (SHLD).
October 05 2007 – Sold Viacom and Expedia. Added to Berkshire Hathaway
October 06 2007 – Bought Leucadia National (LUK), USG (USG)
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