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Jeremy C. Miller’s Followers (7)
Jeremy C. Miller
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Warren Buffett's Ground Rules: Words of Wisdom from the Partnership Letters of the World's Greatest Investor
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published
2016
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34 editions
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* Note: these are all the books on Goodreads for this author. To add more, click here.
“You can never let the market quote turn from an asset to a liability. Graham”
― Warren Buffett's Ground Rules: Words of Wisdom from the Partnership Letters of the World's Greatest Investor
― Warren Buffett's Ground Rules: Words of Wisdom from the Partnership Letters of the World's Greatest Investor
“The results of these [investment] companies in some ways resemble the activity of a duck sitting on a pond. When the water (the market) rises, the duck rises; when it falls, back goes the duck. … I think the duck can only take the credit (or blame) for his own activities. The rise and fall of the lake is hardly something for him to quack about. The water level has been of great importance to BPL’s performance … however, we have also occasionally flapped our wings.”5 While”
― Warren Buffett's Ground Rules: Words of Wisdom from the Partnership Letters of the World's Greatest Investor
― Warren Buffett's Ground Rules: Words of Wisdom from the Partnership Letters of the World's Greatest Investor
“Stan Druckenmiller, reflecting on his unbelievable success as an investor, said that the only way to make superior returns is to concentrate heavily. He thinks “diversification and all the stuff they’re teaching at business school today is probably the most misguided concept everywhere. And if you look at great investors that are as different as Warren Buffett, Carl Icahn, Ken Langone, they tend to be very, very concentrated bets. They see something, they bet it, and they bet the ranch on it… . [T]he mistake I’d say 98 percent of the money managers and individuals make is they feel like they got to be playing in a bunch of stuff.”4”
― Warren Buffett's Ground Rules: Words of Wisdom from the Partnership Letters of the World's Greatest Investor
― Warren Buffett's Ground Rules: Words of Wisdom from the Partnership Letters of the World's Greatest Investor
Topics Mentioning This Author
| topics | posts | views | last activity | |
|---|---|---|---|---|
| The History Book ...: BERKSHIRE HATHAWAY AND WARREN BUFFETT | 16 | 119 | Aug 19, 2019 07:02PM | |
| The Seasonal Read...: 10.9. Tax Day | 22 | 114 | Apr 11, 2020 03:54AM |
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