68% of Warren Buffett’s $372 Billion Portfolio Is Invested in Just 4 Stocks
@themotleyfool #stocks $AAPL $BRK.A $BRK.B $BAC $KO $AXP
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A whopping $253 billion of Berkshire Hathaway's $372 billion investment
portfolio can be traced back to four brand-name, time-tested stocks.Wall
Street is ...
58 minutes ago
Hi bro8888,
ReplyDeleteI think some people have to learn the lessons about averaging down themselves. I'll never do that again, not without looking at my total allocation for my portfolio for that particular stock!
Unfortunately human beings don't think in absolute dollars. We think in relative dollars and behave as if not all dollars are created equal. By assigning relative values to different moneys we run the risk of being too quick to spend, too slow to save, or too conservative when we invest—all of which can cost us in the short or long run.
ReplyDeleteBut then all money is really the same!
Agreed! We invest to increase our wealth.
ReplyDeleteHence the capital gain is our wealth, not FOC money.