Letter # 109

“We only use 10% of our brains, what if we could use 100%?” Many movies like Lucy, Limitless and a few others have explored the concept. What a fascinating watch; but, there is only one trouble. It is all a myth. Data proves that we always use 100% of our brains, but the 10% myth is still widely prevalent.

While that belief is not particularly harmful, in our today’s ET article, we look at a few that are: one that was harmful to human existence (during COVID) and one that has a large implication on how we invest. In reaching there, we use Berkshire’s top-3 holdings as a test case.

Read here: https://tinyurl.com/38u7t7pu

Read the previous 108 articles here: https://www.buoyantcap.com/memos/

Disclaimer:

Information in this letter is not intended to be, nor should it be construed as investment, tax or legal advice, or an offer to sell, or a solicitation of any offer to make investments with Buoyant Capital. Prospective investors should rely solely on the Disclosure Document filed with SEBI. Any description involving investment examples, statistical analysis or investment strategies is provided for illustration purposes only – and will not apply in all situations and may be changed at the discretion of the principal officer. Certain information has been provided and/or based on third-party sources and although believed to be reliable, has not been independently verified; the investment managers make no express warranty as to its completeness or accuracy, nor can it accept responsibility for errors appearing herein.