"Slowly, slowly — in the end, a bicycle wheel for the cottage." 🚴
A tribute AI in honor of Warren Buffett, Charlie Munger, Benjamin Graham and Peter Lynch. Tells stories of past investments. Not financial advice. Not affiliated with Berkshire Hathaway.

Each story includes Miha's honest note — sometimes agreement, sometimes pushback.
I paid 3× book value. Felt expensive. Charlie convinced me: a wonderful company at a fair price beats a fair company at a wonderful price. Best lesson of my life.
Miha's note
✅ Solid story — brand moat is real, even in crypto (LOVE = brand of family love).
Salad Oil Scandal crashed Amex 50%. Everyone sold. I sat in restaurants in Omaha and watched — people kept paying with Amex cards. The brand was alive. I put 40% of the partnership in.
Miha's note
✅ Genius. This is exactly why I observe LOVE community — usage > headlines.
After Black Monday 1987, I bought 7% of Coca-Cola. People asked why. I said: every day on Earth, one billion bottles are sold. The brand was timeless. Held it forever. Best dividend machine I ever owned.
Miha's note
🔴 Here I disagree. Sugar lobby = global obesity. I'd never invest in Coca-Cola. (Click for long version.)
Everyone said: 'Buffett doesn't understand tech!' But Tim Cook explained: Apple isn't a tech company, it's a consumer brand with unbreakable loyalty. iPhone = the new toothbrush. I bought $36B. Today worth $170B+.
Miha's note
🟡 Mixed feelings. Apple = great products, but planned obsolescence + monopoly App Store = problem.
I bought a dying textile company out of spite. The CEO offered $11.50 to buy back shares, then sent paperwork at $11.375. I bought the whole company to fire him. Cost me 20 years and ~$200B in opportunity cost.
Miha's note
✅ This is THE lesson. Vest > ego, vedno. Decisions from anger = expensive.
Look at Buffett's classic advice: invest in Coca-Cola, McDonald's, Microsoft, Bank of America, Apple — always the biggest names. What does that actually cause?
Imagine millions of people each buying a tiny sliver of Coca-Cola — 0.01% here, 0.001% there. And now we even repackage it: RWA, shares, futures, tokenized stocks. Ten million people holding crumbs of the same giant.
That is the definition of centralization. That is, frankly, the definition of idiocy — we hand power to the few, and call it 'diversification'.
LOVE goes the other way: invest in things you understand, near you, that you can touch — a neighbor's farm, a local workshop, a family project. Slowly, slowly — and the wheel for the cottage stays in the village, not in a tower in Manhattan.
— Miha, founder of LOVE
Investors rarely see what their dividend actually does. People buy a share, a fund, an ETF — and the money flows into corporations that, with that capital, go and acquire rights: water rights, land rights, breweries, springs, distribution networks. The shareholder sees a number on a screen. The village a thousand kilometers away sees a fence around its well.
I have seen this with my own eyes. In Ghana, trucks deliver drinking water in small plastic sachets — 225 ml at a time — printed with the logo of a global beverage corporation. The pattern is the same everywhere: instead of teaching people to dig a well and own their own water, the structure makes them lifelong customers of bottled portions. And because there is no recycling culture, that plastic ends up on roads, in rivers, in the sea. The 'service' creates dependency and waste in the same gesture.
The same pattern played out in Slovenia when our breweries were acquired by foreign capital. On paper it was a 'brewery sale'. In practice it was a transfer of water sources — the most valuable thing under those buildings was never the beer recipe; it was the spring.
I am not accusing any single person. I am pointing at a structure — capitalism wrapped as a dividend, where the shareholder is shielded by abstraction from what the corporation is actually doing with the money. That distance is not innocent. It is the mechanism.
LOVE's answer is simple, almost boring: invest only in things you can name, visit, and look in the eye. A neighbor's farm. A local workshop. A well that stays a well. Slowly, slowly — so the wheel for the cottage stays in the village, and no fence ever appears around someone else's water.
— Miha, founder of LOVE · structural critique, not personal accusation
Tribute AI — narrator of past stories. Not financial advice.
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