Sunday, 24 February 2019

never risk getting caught short of cash

Berkshire will forever remain a financial fortress. In managing, I will make expensive mistakes of commission and will also miss many opportunities, some of which should have been obvious to me. At times, our stock will tumble as investors flee from equities. But I will never risk getting caught short of cash."
Don't poke me for parroting!

 Uncle8888 will NOT risk getting caught short of cash like in 2009 again!





at

1 comment:

  1. Spur24 February 2019 at 19:59:00 GMT+8

    And yet many investors laugh at the old 60:40 risky-vs-safe asset allocation recommended by old uncle investors in the 1970s and 1980s. :)

    The only thing is whether Buffett's successors will think & invest like him after he is gone?

    ReplyDelete