Buffet seems to be a textbook example of the manager who loses touch with the drivers of the market. A failure to adapt to changing market conditions of fund managers over time is a point that is harped upon in A Random Walk Down Wallstreet, and is a symptom Buffet has admittedly been suffering from.
I’m curious to see how those here reconcile the differences in investing approaches [Active (Berkshire)//Passive (Index fund)], since Berkshire seems to be mentioned frequently here as a prudent investment, as is index investing.
Submitted August 05, 2018 at 04:56PM by ThugEntrancer https://ift.tt/2KuRgxg
