fredag 16 april 2010

Veckans Buffett


Well, I always start from a position of fear. And then when I see something that looks attractive, I start getting greedy. So--but I'm always looking at the downside on something first. I mean, if you can't lose money, you're going to make money. And we--one reason we've done reasonably well, and this really goes back to when I was age 20 and learned from Graham, because my first 10 years were the best, is we've never lost a lot of money as a percentage of our net worth. I mean, and--in terms of permanent loss. Now, things may go down 50 percent. Berkshire's stock has gone down 50 percent four times in the time that I've owned it. But in terms of permanent loss, we've never--we've had plenty of losses, but they've never been the kind that really are destructive. And I always look at the downside first in anything.

2 kommentarer:

  1. Kanske är en av Warren Buffett´s bästa styrkor som inte pratar lika mycket om tyvärr!

    Mycket viktigt att inte förlorar ( eller förlorar så lite så möjlit ) oavsett om det är långsiktig investering eller annat!

    Det är bra att du lyfter fram det!

    mvh
    4020

    SvaraRadera
  2. Det tycker jag också och dagens inlägg är en förtsättning på dessa tankar.

    SvaraRadera