Berkshire stock selection

http://www.berkshirehathaway.com/letters/1988.html

... "whose troubles have caused it to be significantly misappraised by the market."...

Warren Buffett is extremely patient in picking up stock. He picks up only when the value of the stock has come down due to various market conditions.

Are we that patient? The circumstances are same for us and for him. Then why is it that he is consistently doing what the says and we do not do what is right?

We have to write down our credo and keep reminding ourselves. Simple rules of investing. Then we have to stick to that decision.

Let us all add more Assets in to our holding and grow our wealth like Warren Buffet does.

Comments

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