Warren Buffett,
America’s most famous investor, holds himself to a high standard.
That’s why he described 2012, a year in which his conglomerate Berkshire
Hathaway achieved a total gain for its shareholders of $24.1 billion,
as “subpar.” As Buffett pointed out, for the ninth time in 48 years,
Berkshire’s book value gain (14.4%) was less than the S&P’s gain
(16%). This mea culpa of sorts kicks off Buffett’s annual letter, which was released on Friday. As usual, the document is required reading for anyone interested in investing, and features the Oracle of Omaha’s wry, homespun style.
Createwealth8888:
Look at Warren Buffet's recent past 5-year and 10-year investment performance. Even for Grand Master Investment Guru, it is getting harder to maintain his past high performance return.
How about us? Peanut investors!
Createwealth8888:
Look at Warren Buffet's recent past 5-year and 10-year investment performance. Even for Grand Master Investment Guru, it is getting harder to maintain his past high performance return.
How about us? Peanut investors!
Posts
No wonder! But i lost some money in "speculation" (S Chips) and "lost" (actually make less money)in safer investments that can not keep up with inflation.
ReplyDeleteMust do assets allocation for capital preservation ma. Maybe i have done too much? Should have invest more in equity? Always right from rear view mirror investment. That's human. But don't ever regret as the road maybe another 10 or 15 years if God permits.
For younger man please think the click saying, "The road is long and winding". Beware, Be Careful & Be prepared. There are many blind corners ahead. Anyway investment, it's not much different from daily living. - A lot of blind corners, isn't it?
Shalom.