Subject: Re: Asness - markets got more inefficient
Berkshire has made it easier (for me anyway) to HODL. Asness claims that a long time horizon is key to taking advantage of market inefficiencies, and the “cult like” aspect of Berkshire has made it fairly easy for me to maintain a long ownership period over 25 years.

His theory of social media making markets less efficient over time also makes sense to me.

Thanks for the interesting article!