Weekend Thoughts: the risks of investing with the world's richest people
yetanothervalueblog.substack.com
The other day, the tweets below popped into my feed. To sum: the tweets mention an anecdote from BRK’s 1996 meeting. A woman says she has the simple investing strategy of investing alongside the world’s richest people, Gates and Buffett. The tweet’s author then notes her “simple strategy” has performed pretty well, and she’s probably beaten her father’s diversified portfolio (though the father may be frequently day trading; I’m not sure on that point).
One could simply coatail Buffets specfic equity investments . Gates as well through his Cascade vehicle. Some were home runs a few 10 baggers. Or simply own Berkshire. Microsoft was dead money for quite a spell under Balmer .
Many of the folks not easily replicated . Still your observations helpfull.
One could simply coatail Buffets specfic equity investments . Gates as well through his Cascade vehicle. Some were home runs a few 10 baggers. Or simply own Berkshire. Microsoft was dead money for quite a spell under Balmer .
Many of the folks not easily replicated . Still your observations helpfull.
Is there a word for getting lucky then looking for a strategy in hindsight?
What a fun read, a perfect way to cap off a great weekend! Thanks!