TOM SPAIN

If you can find a company whose products are likely still to be consumed in 25 years’ time, and if the company can succeed in increasing the price of its products in line with or above inflation, then you have the basis for a wonderful long-term holding.

“It’s almost impossible to do well in equities over a period of time if you go to bed every night thinking about the price of them.“ #WarrenBuffett

The Buffett Partnership, active from 1957 to 1969 Killed the Dow . . . 📈 Buffett Partnership Performance (1957–1968) Cumulative gain: ✅ Buffett Limited Partners Results: +1,403.5% ✅ Dow Jones: +185.7% It was pure value investing at its best 👌

“Obviously during any acquisition period, our primary interest is to have the stock do nothing or decline rather than advance . . . This policy, while requiring patience, should maximise long term profits” Warren Buffett - Partnership Letter 1957

Where it all began in Omaha #Investing #WarrenBuffett #BerkshireHathaway linkedin.com/posts/tom-spai…

NEW: Berkshire Hathaway board unanimously votes to name Greg Abel President and CEO as of Jan. 1, 2026, and for Warren Buffett to remain as Chairman. Release expected before opening bell. (Buffett announced this would be his recommendation over the weekend, but it wasn’t clear if he’d remain as Chairman. He will still be going to the office every day.)

That’s hard. But if you can buy a few great companies, then you can sit in your ass. That’s a good thing.” Charlie Munger

“We’re partial to putting out large amounts of money where we won’t have to make another decision. If you buy something because it’s undervalued, then you have to think about selling it when it approaches your calculation of its intrinsic value.

And that’s a wrap. Warren ending on a positive note. “I hope to be back next year!” Wishing you good health and happiness. "If you copy the right people, you're off to a great start," Warren Buffett 2024 Berkshire Hathaway annual meeting.

Buffett on selling Apple shares: “I don’t mind at all (given current the current economic environment) building our cash position.” $BRK already had $182b in cash at end of Q1, and Buffett estimates it will be ~$200b soon. 😳

A great start to the Berkshire Hathaway meeting with a tribute to Charlie Munger 👏 Warren going strong with some great jokes and insights already. #BerkshireHathaway

Buffett’s thoughts on the stock market: “Sometimes it’s quite investment oriented … and other times it’s almost a casino …. And that’s existed to an extraordinary degree the last couple of years.” #BRK2022

@Sofology Worst company for customer service. Sofa’s ordered in October still not delivered. Payments taken before Christmas. Another failed delivery today x2 - despite calling - no messages - told to wait for delivery in the afternoon but they supposedly came in the morning 🤷🏻‍♂️

Help me raise £2500 to Raise funds in Memory of Jordan Banks: Under 9 Football teams in Leicester want to raise funds to help the family cover funeral costs.. Please #donate on @justgiving and RT. Thanks! justgiving.com/crowdfunding/r…

@BloombergTV Incredibly impressed by Emma Walmsley - What a wonderful role model for others to follow. Doing a superb job as CEO of GSK and a board member at Microsoft. 👏

How many Covid vaccine doses are needed? "14 billion," says GSK CEO Emma Walmsley. Catch the full interview on the latest episode of The David Rubenstein Show trib.al/rL158X6

@russmould1 Keep up the good work. Very positive first day at the Investival!

@TomSpain_HS The next real test will be if there is another wider market stumble. BTC was not immune in March as all correlations went to one (as usual) and sellers sold what they could. Be interesting to see if that changes. Keep well!

@russmould1 looking sharp and sounding good. Did you just call Bitcoin a real asset?

@smather21 ‘The Ride of a lifetime’ Bob Iger ‘Winning’ Jack welch. Your picks Steven?