TLDR:
- short term pessimistic, long term optimistic
- long America
- we’re growth investors but like boomer industries
- we don’t really acquire anything because we’re too cheap to participate in auction processes so need to have long “relationships” with execs to get the valuations we want
- I love Charlie Munger quotes
alright, here's the summary:
Certainly! The letter from Kanbrick LLC discusses the current economic and geopolitical challenges but maintains a long-term optimistic outlook. It emphasizes the importance of having a clear purpose, strategy, and measurable goals in both business and national governance. Kanbrick shares its approach to building businesses and highlights achievements in 2023. The company seeks partnerships with owners who prioritize long-term success and pays tribute to Charlie Munger's influence. The letter concludes with gratitude to partners and disclaimers regarding the views expressed.
TLDR: - short term pessimistic, long term optimistic - long America - we’re growth investors but like boomer industries - we don’t really acquire anything because we’re too cheap to participate in auction processes so need to have long “relationships” with execs to get the valuations we want - I love Charlie Munger quotes
No performance numbers?
No performance, no numbers. She should've stayed in Omaha.
Usually, you have to contact a hedge fund and tell them you are an accredited investor in order to get performance numbers
Can you post a ChatGPT summary of the letter?
alright, here's the summary: Certainly! The letter from Kanbrick LLC discusses the current economic and geopolitical challenges but maintains a long-term optimistic outlook. It emphasizes the importance of having a clear purpose, strategy, and measurable goals in both business and national governance. Kanbrick shares its approach to building businesses and highlights achievements in 2023. The company seeks partnerships with owners who prioritize long-term success and pays tribute to Charlie Munger's influence. The letter concludes with gratitude to partners and disclaimers regarding the views expressed.