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Here are five things Warren Buffett doesn’t know that could help all of us invest better.
One thing Buffett knows to definitely rememberWe can learn plenty from what Warren Buffett doesn’t know.
Like Warren Buffett and his farm, I didn’t have to know all of the details to gain an understanding of the big picture.
Warren Buffett knows a lot about a lot.
But we shouldn’t forfeit good opportunities because of what we don’t know.
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Why Is Warren Buffett Suddenly Interested in Apple?
Understanding why Berkshire Hathaway is now investing billions of dollars into Apple stock requires a deeper understanding of how Warren Buffett, Charlie Munger and Berkshire Hathaway have evolved over the decades.
While I never quite agreed with this investment thesis it definitely made me think about how Warren Buffett constantly evolves and pushes his boundaries.
It was actually Charlie Munger’s influence that pushed Warren Buffett to start investing in “great companies at good prices”.
So after having largely avoided capex-intensive businesses for the first three decades of running Berkshire Hathaway, Warren Buffett purchased a small regulated utility in the Midwest called Mid-American Energy.
But as Munger remarked above, “the odds are a little bit in our favor” and in my experience betting against Apple, Berkshire Hathaway and/or Warren Buffett has never really been a wise move.
collected by :John Locas