Review, reinvest, reinvent — such thinking about investments has guided Buffett’s success.
“Charlie and I believe in operating with many redundant layers of liquidity,” Buffett says, “and we avoid any sort of obligation that could drain our cash in a material way. That reduces our returns in 99 years out of 100. But we will survive in the 100th while many others fail. And we will sleep well in all 100.”
Excelent tot articolul (mai putin titlul), recomand calduros. Buffett a dus „value investing” la o arta, iar citatul de mai sus e probabil explicatia cea mai buna pentru care, pe termen lung, el are succes si atatia investitori au pierderi.