It looks like you're new here. If you want to get involved, click one of these buttons!
Investors should instead focus on the future productivity of assets, rather than speculating on price movements, which Buffett said that he was unable to do successfully.
"Games are won by players who focus on the playing field - not by those whose eyes are glued to the scoreboard."
© 2015 Mutual Fund Observer. All rights reserved.
© 2015 Mutual Fund Observer. All rights reserved. Powered by Vanilla
Comments
Regards,
Ted
http://finance.fortune.cnn.com/2014/02/24/warren-buffett-berkshire-letter/
P.S. Would appreciate it if you used Kenster1, the same handle that you use at M*. In my opinion, Kenster1_Global Value looks stupid.
Ain't you got enough to do without monitoring peoples' handles ....
This is an investing forum and so what's wrong with "GlobalValue" contained in the handle? Should we have names such as Sweet_K_Bunny as if this was a Wordpress blog on Home cooking? Oh and now you're going to tell me that Accipiter is a real cool and awesome handle and so is Ginko and expat and Old_skeet and Crash and TheShadow and Catch22, etc. etc.
Understandably on slow days - it's easy to fall into a state of mental masturbation.
Look - accept the fact that 1-2% of posts may overlap with yours and don't break a sweat over it. With the volume of posts plus the fact that you just provided a link to Buffet's letter with no reference to it other than "Fortune Article" - can be easily missed...and yes I had overlooked it too.
Hmmm...things are getting a bit too weird.
Surfs up Ted?
Couldn't resist.
But everyone should have time for Buffett advice, even if it repeats.