This from todays Kingswell Berkshire Beat;

. “I once asked [Warren] Buffett what he could have done to improve his performance,” Gerstner told Faber earlier this month. “He said, ‘Slept more and gone into the office less.’ He said when you do all the work as an investor and you do all this analysis, everything looks like signal. You want to do something. But, 95% of the time, you have to do all your homework, you have to study, you have to think — and, then, do nothing. It was that high-conviction, qualitative insight that led you into the investment [in the first place] so don’t let little data points along the way scare you out of the investment.”

This sure worked for me with Berkshire in the early 90’s!!!

Also, do not miss the THE WARREN AND CHARLIE SHOW video in todays article,


https://www.kingswell.io/p/the-berkshire-beat-octo...

ciao

Berkshire Hathaway FAQ

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