Buffett a la Brazil

After taking notice of Parissotto, a brazilian billionaire investor, who follows Buffett and Graham philosophy, this site presents Luiz Barsi Filho, the greatest individual investor of Banco do Brasil.

By the way, do you have notice of some millionaire in the stock market that doesn't follow this philosophy*?

*You cannot cite stockbroker owners and analysts!

Would you follow Graham's advice?

In his last years Graham told investors to buy stock market index funds with low costs and just manage the stocks/bonds allocation with time.

Today there is some closed-end index-funds with costs below 1% per year.

The cheaper fund I found is PIBB11, with costs of only 0,059% per year and follows the IBrX-50 index.

Would you follow Graham's toughts or would you continue to pursue bigger returns in stock picking?

Keep it Simple!

I have been convinced, in my investment story, that it was not necessary a deep analysis to buy a stock in the market. You should look for general indicators, like profitability, margins, competition, market multiples (P/E, Yield) and so on, and start to buy when the asset reaches a nice price, keeping the amount low to the hole portfolio (my portfolio usually doesn't have more than 8-10% of one stock). 

Trying to research everything is, at least, impossible. And it's counter-productive, you have to apply to much time and there's no way to know if you're not wrong, or if something could not goes wrong.

Long-Term in Investments. Again.

Today we have another news that goes against what an intelligent investor should pursue. Exame published that after Bovespa has gone down about 10%, investiments in fixed income reached their biggest value since june 2010:
Queda de ações faz fluxo para renda fixa ser o maior desde junho


See what says Graham:

Basically, price fluctuations have only one significant meaning for the true investor. They provide him with an opportunity to buy wisely when prices fall sharply and to sell wisely when they advance a great deal. At other times he will do better if he forgets about the stock market and pays attention to his dividend returns and to the operating results of his companies.