Comment on Warren Buffett Talks About His Early Choices by Adrian – Investor Tuition.
Warren Buffett is one of the great investment minds who not only developed a reasonably simple methodology which he certainly proved worked. The great lesson he teaches is to move away from short term horizons and concentrate 20-30 years from now. A concept that is incredibly difficult for anyone who lacks the confidence in their own investment decisions and the vision to see the end result. A lot of people say that times are different now and what he achieved can’t be done in today’s market. Which is a load of hogwash. The most key factor in markets are the participants i.e. humans and humanity has certainly not evolved one bit in the last 100 years, to have had the emotions of fear and greed eliminated from their psychological profile. . Until this happens, markets will always be the same, no matter what the era.