Last Thursday, Berkshire Hathaway (NYSE: BRK-B ) Chairman Warren Buffett published "Why stocks beat gold and bonds," an adapted excerpt from his upcoming shareholder letter. There is little to disagree with in the letter, but Buffett's exposition is a bit misleading, or at the very least, incomplete because he isn't explicit enough in spelling out his assumptions. Investors who follow his advice blindly, without understanding those assumptions, could achieve a very different result from the one Buffett describes.
Read full article
No comments:
Post a Comment