Investing Advice 2016 – Advice From Warren Buffett
Investing Advice 2016 – Best Deal Right Now?
Can You Beat Warren Buffett? I can sum up some of the most common arguments I hear against index investing with a single name: Warren Buffett.
Buffett is chairman and CEO of American conglomerate Berkshire Hathaway, Inc. He’s also long been one of the richest people in the world. His personal net worth was last estimated at just over $84 USD billion.
Buffett also is perceived to be a stock-picker but in this video, I’m going to tell you why Warren Buffet is not a reason to pick stocks.
Referenced in this video:
The World’s Billionaires – https://en.wikipedia.org/wiki/The_World%27s_Billionaires
Berkshire Hathaway’s Annual Shareholder Letters – http://berkshirehathaway.com/letters/letters.html
Berkshire Hathaway 1996 Shareholder Letter – https://berkshirehathaway.com/letters/1996.html
Berkshire Hathaway 2013 Shareholder Letter – http://berkshirehathaway.com/letters/2013ltr.pdf
On Persistence in Mutual Fund Performance – https://www.jstor.org/stable/2329556?seq=1#page_scan_tab_contents
Luck versus Skill in the Cross-Section of Mutual Fund Returns – http://mba.tuck.dartmouth.edu/bespeneckbo/default/AFA611-Eckbo%20web%20site/AFA611-S8C-FamaFrench-LuckvSkill-JF10.pdf
Berkshire Hathaway 2016 Shareholder Letter – http://berkshirehathaway.com/letters/2013ltr.pdf
Berkshire Hathaway 2012 Shareholder Letter – https://www.berkshirehathaway.com/letters/2012ltr.pdf
Buffett’s Alpha – https://www.cfapubs.org/doi/pdf/10.2469/faj.v74.n4.3
A Common Sense Confession: I’ve Been Unfaithful to Market-Cap Weighting – https://www.pwlcapital.com/common-sense-confession-unfaithful-market-cap-weighting/
Get access to more investing ideas, insights and white papers here.
PWL Capital Blog Post: https://www.pwlcapital.com/can-you-beat-warren-buffet/
You can find the Rational Reminder podcast on