Do you remember that song from the 1980’s called “Turning Japanese”? Great song performed by The Vapors. I wonder if Warren Buffett has been humming that tune lately, given his recent decision to move into Japanese equities? This, after his avoiding too much exposure to Japan for many years. Berkshire Hathaway just announced that over Read More
Berkshire: underperforming like a mutual fund
Back in the late 1990’s, Warren Buffett demonstrated his market genius by snubbing the must-own stocks of the dot-com era. For a short while, his corporation (Berkshire Hathaway, along with the “Baby-Berkshire” BRK.B shares seen in today’s chart) underperformed the broad S&P 500 index—mainly at the tail end of the technology bubble in 1998-99. Read More
Why you can’t invest like Warren Buffett
On October 24th, 2012, CNBC interviewed Warren Buffett. Often, after a media event such as this, many sources begin to tout the long-termed investment philosophy of Mr. Buffett. Predictably, the buy & hold crowd were enthused after hearing from their favorite market maven espouse the virtues of long termed investing. I would like to address Read More