kangarooking/buffett-letters-skill
20 skills921 installs1.3k starsGitHub
Install
npx skills add https://github.com/kangarooking/buffett-letters-skillSkills in this repo
1Mr MarketMarket prices are driven by emotion and herd behavior, not business reality. Treat daily price quotes as offers to buy/sell at irrational prices, not truths.52installs2Never Issue SharesIssuing shares at below intrinsic value dilutes ownership and per-share value. Share repurchases at discount create value; issuance destroys it.52installs3Fear And Greedfear-and-greed is a Claude Code skill for ai & agent building. It helps solo builders move faster with AI-assisted development.49installs4Business Pickerbusiness-picker is a Claude Code skill for ai & agent building. It helps solo builders move faster with AI-assisted development.47installs5Compounding ThinkingExponential returns from reinvestment over decades. Small percentage differences in annual returns create massive long-term wealth divergence.47installs6Economic MoatAssess durable competitive advantages (brand, network, scale, switching costs). Moat width determines pricing power and long-term profitability.47installs7Margin Of SafetyOnly buy when price is meaningfully below estimated intrinsic value. Margin of safety protects against miscalculation and market downturns.47installs8No LeverageDebt amplifies both gains and losses. Avoiding leverage protects against black-swan events and preserves optionality during crises.47installs9Ceo As Risk OfficerPrinciple that CEO must personally own risk management. Risk preparedness requires action, not forecasting; delegation to committees is insufficient.45installs10Cigar Butt Vs Great BusinessShift from cheap, failing companies to quality businesses at reasonable prices. Cheap businesses consume capital and attention; great businesses compound with minimal input.45installs11Float ThinkingFloat is temporary customer cash you control without ownership. Positive-rate float (earning return) is economically valuable and reduces cost of capital.45installs12Look Through EarningsReported earnings alone mislead; attribute a share of retained earnings reinvested in the business to shareholders. True owner earnings = reported + retained attributed share.45installs13Three Asset CategoriesThree asset classes (currency, non-productive gold, productive businesses) compete differently over decades. Productive assets win long-term.45installs14Aesop Three QuestionsFramework from Buffett for intrinsic value assessment. Answers three core questions (cash flow certainty, timing, discount rate) to evaluate if an asset is overpriced or underpriced.44installs15Circle Of CompetenceDefine your circle of expertise to avoid overconfident bets outside your knowledge. Staying within bounds prevents costly misjudgments.44installs16First Law Of Capital AllocationCapital allocation is the CEO's most crucial function. Where money flows determines enterprise value more than operational efficiency.44installs17Hold Foreverhold-forever is a Claude Code skill for ai & agent building. It helps solo builders move faster with AI-assisted development.44installs18Institutional ImperativeInstitutions tend to mimic peers, retain excess staff, overpay executives, and resist change. Conscious design is needed to overcome these defaults.44installs19Partner With Admiredpartner-with-admired is a Claude Code skill for ai & agent building. It helps solo builders move faster with AI-assisted development.44installs20Real ConservatismReal conservatism is proactive (build reserves, stay unleveraged) not cosmetic (aggressive reserves while taking real risks). Buffett values action over appearance.44installs