Author Topic: Personal Letter from Warren Buffett  (Read 12931 times)

LC

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Re: Personal Letter from Warren Buffett
« Reply #20 on: June 23, 2014, 04:14:18 PM »
Thanks, but what is "re" did he mean "in"? I couldn't really decipher the meaning.

wachtwoord - "re" is a preposition essentially meaning "about" or "with respect to" of course (here comes the nerdy part) its etymology is derived from the ablative singular of the Latin "res" meaning "thing" or "matter" from which we also get the word republic :)

LC - you'll surely find this one familiar ... Multa renascentur quae iam cecidere, cadentque quae nunc sunt in honore vocabula :)

Andy: that is one of my favorites as well, and relevant for this board. Reversion to the mean! :)
"Lethargy bordering on sloth remains the cornerstone of our investment style."
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Ham Hockers

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Re: Personal Letter from Warren Buffett
« Reply #21 on: June 24, 2014, 06:23:57 AM »
Haha Latin nerds.

6 years of Latin. Stupid Aeneid and Catullus AP exams still haunt me.

Andy Dufresne

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Re: Personal Letter from Warren Buffett
« Reply #22 on: June 24, 2014, 07:17:31 AM »
LOL - you think taking it in school is nerdy ... I began studying it by myself!

LC - reversion to the mean is indeed a powerful thing! Now can we please have a nice juicy correction so that we spend more time finding wide-moat companies with excellent brands trading for 1X FCF ... pretty please?!?!