2018 Berkshire Hathaway Update

Hi all, I’m just back from my 6th consecutive annual Berkshire Hathaway shareholders’ meeting and feeling enthused, fresh from drinking a fire hose of Warren Buffett and Charlie Munger flavoured Kool-Aid. It was terrific as always. As mentioned to many of you, the day for mine is so much more than 6 hours with two

Give me the long-term predictability of shares, at any age, Peter Thornhill, 28 February 2018

As an investor’s investment horizon lengthens, however, a diversified portfolio of U.S. equities becomes progressively less risky than bonds, assuming that the stocks are purchased at a sensible multiple of earnings relative to then-prevailing interest rates. It is a terrible mistake for investors with long-term horizons – among them, pension funds, college endowments and savings-minded