Earlier quoted context omitted.
He lost a huge pile on Kraft Heinz, and that was pre-Corona. Didn't yet realize those losses AFAIK. He lost a pile on the airlines and even decided to realize those losses. He lost a pile on that petroleum company that I forgot the name of, but which crashed and burned recently due to oil prices plunging. He hesitated a long time with tech stocks and lost a lot of money in the last decade due to opportunity cost. His…
Warren Buffet is currently overrated because he doesn't invest in a lot of tech stocks because he claims to not have a complete understanding of the business.If you look at his record from the 70s-90s, you will realize he is the greatest investor ever. We all have our strengths and weaknesses, don't judge a fish on its ability to fly. I think its great that he doesn't invest that much into tech and is very public abo…
Re: Warren Buffett’s Berkshire dumps most of Goldman Sachs stake
#81At this point in his life, it seems meaningless to debate whether he's still a good investor. He won't have to live with the consequences of today's choices in twenty years. Neither money nor anything else can benefit him. With no incentives, it doesn't even matter if his ability is intact. In twenty years, his successors will either have run BRK into the ground or overshadowed him and nobody will look back to his final investments. Which he must know.