October 2017

#buffett #know nothing investor

Dear Mrs Buffett – advice for the “know nothing” investor

In the 2013 Berkshire Hathaway Letter to Shareholders, Warren Buffett gives advice to what he calls the “know-nothing” investor and illustrates this advice by revealing what his will stipulates for the bequest to his wife. The key points of Buffett’s advice: “You don’t need to be an expert to achieve satisfactory investment returns.” But it

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