For more than a decade, I like many, loved to talk about, listen to and read everything I could about Warren Buffett (WEB). Constantly looking for patterns to replicate and learn from, I would brainstorm with my now partner, on how we could create the same ethos, longevity and culture of Berkshire Hathaway. Our aspirations guided not by wealth, but by happiness.

After many years of talk, we’re now on our way. We are building the Berkshire Hathaway of Software.

Software? Why not just copy WEB? After years of study, I have yet to discover a system to copy WEB successfully. In fact, over time, I have realized that some of his favorite patterns are becoming less applicable today. Take for example investing in brands. One of the great lessons from WEB is to pay up for durable brands that can maintain their margin and not be commoditized. He’d often challenge his audience to find a business that has maintained its margins for 25 years, almost always the answer was a brand (or a regulated moat). …


I often say that if Warren Buffett were 30 years old, he’d only invest in software. Here’s why…

1. The Demand for Software is very strong and stable — Spend on software has grown at ~9% for about a decade. Looking forward Gartner estimates show that the Software category is expected to grow 8–11% versus the U.S. economy at 2–3% and broader technology spending at 3–4%. Software is a GOOD neighborhood to live in.

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Disclaimer: Before I begin and before I get trashed by the crypto mob, I should say that I’ve been a bitcoin owner since 2012, was an early investor in ripple, changecoin, help run CoVenture Crypto…and even helped launch a digital gold currency. I believe in the power of the technology and the power of a store of value, but this is my attempt at understanding both sides of the coin (get it)

Every day I get asked by more family and friends if they should invest in crypto currencies. …


The last five years has seen an explosion of activity in the Financial Technology industry. Much of this innovation has been centered around themes like “The Unbundling of Financial Services” or “Digital Distribution to Reach Millenials’. Silicon Valley realized how large and antiquated the financial services industry was, and a new generation of venture capitalists and founders went about tackling issues like online distribution of loans, UI friendly automated investing and consumer payments platforms that were easy to use. But despite the innovation brought upon us by SoFi, CommonBond, Prosper and LendingClub — aren’t we still consuming traditional fixed rate, long duration loans for critical needs (i.e. if you came down from Mars and saw an LC loan vs. a bank loan, would you think they’re any different)? Despite how easy and beautiful WealthFront, Betterment and WiseBanyan have made automated investing — aren’t we still just consuming broad index ETF’s? Sure Stripe has made payments much less complicated for developers — but aren’t we still just hitting checkout and pulling out our credit cards? Yodlee/Intuit/Plaid lets developers’ access bank transaction data with ease like never before — but aren’t we still beholden to our Wells Fargo standard consumer checking accounts? …


Listen to this Story or Read it

I’m a fintech entrepreneur and investor. I’ve been amazed how much interest this space has had over the last year. It’s like fintech has become THE place to “disrupt”.

While it’s great to see the pool that I play in get so much attention, I often times find myself arguing against it. FinTech is really hard and the hubris I see in entrepereneurs and investors entering the space makes me worry that people have no idea what they’re getting into. Here’s why.


I’ve always hated the question “what do you do”. I think it’s incredibly hard to really know someone from their resume. I think you need context, feel and a body of history. BUT….i’m going to give it a shot

Who am i? I’m Savneet Singh, a successful fintech founder (GBI), active early investor, married and father to 1 really cute kid, proud Sikh. GBI was/is the first electronic platform that allows investors to buy/trade/store physical precious metals. …


For many years I’ve debated the idea of blogging. I’ve always been a very private person and the idea of sharing my ideas never really appealed to me. Yet the idea of writing about ideas is something I’ve always done. Since I was a teenager I’ve always taken little notes on life, business and happiness. I would write them on scraps of paper, notebooks and now in Evernote. So why start now? 2 reasons:


Note: I’m copying and pasting this from my old tumblr blog — circa 2010

When I was a kid I used to often say to my dad “i’m bored” and he’d always respond with “it build’s character.” It took me years to understand what he meant, but it wasn’t until this past month that I realized how important his saying was. I recently had an issue with my phone and was left phone-less for nearly 5 days. The experience, at first was quite liberating. No calls from work, no urgent emails no substance-less texts. I would walk around the city and at times instinctively reach for my phone and upon realizing that i had no phone on me, i’d smile and think that i was truly digitally disconnected. Overtime however, I began to realize just how unusual of an experience this had become for me. My mind had forgotten what it was like to think aimlessly. …

About

Savneet Singh

the arrogance in my ideation

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