The Operating by John Brewton Black Friday Post: Dissecting Warren Buffett & Charlie Munger's approach to operating as described by four of their seminal deals
The sheer volume of decisions they had to make over the years is incredible. Not all were "right" but all were worth it. The lessons learned from Huggins by the way are interesting.
John, this is another exceptional post. I have almost no knowledge of this sector, but every post of yours I read improves this! If Berkshire were to acquire a company today who would be on their top 5 'hit list' according to their playbook?
Uncle Charlie and uncle Warren will continue to inspire for generations
They sure will my friend. They sure inspire me most every week.
I love how you provide the data to back up the compound growth thesis! Further empirical proof of the wisdom of the Oracle of Omaha!
that Buffett and Munger's real edge was marrying patient capital to proven, autonomous operators...is truly powerful.
Patience just might be my favorite of all the virtues.
The sheer volume of decisions they had to make over the years is incredible. Not all were "right" but all were worth it. The lessons learned from Huggins by the way are interesting.
Thanks so much! So glad this one resonated with you.
Outstanding and really interesting reading.
Thank you!
Your post felt like sitting with two seasoned guides at the end of a long trail.
They don’t dazzle you with theory, they just hand over principles that have held up over decades, the kind you can build a whole working life around.
Through the 5 Voices lens, their partnership worked because the mix of strengths was allowed to breathe:
Nurturer, staying rooted in relationship, reputation, and trust.
Guardian, insisting on discipline, detail, and steady judgement.
Creative, spotting patterns others missed long before they were obvious.
Connector, translating ideas into stories people actually remember.
Pioneer, making bold calls with clarity and courage.
When all five threads show up in a leadership rhythm, you get the kind of grounded confidence they modelled for decades.
John, this is another exceptional post. I have almost no knowledge of this sector, but every post of yours I read improves this! If Berkshire were to acquire a company today who would be on their top 5 'hit list' according to their playbook?
How to use all the same data that's available to everyone else and out perform them to make billions 🌞 GOATs
The legend. The answer to the questions. Always and forever. 🤓🙏🏼
So much valuable information!