Monday, February 26, 2018

The Oracle of Omaha




March is the month when the swallows come back to Capistrano but February is when the faithful flock to Omaha, Nebraska to sit at the knee of Warren Buffett for his words of wisdom on investing. Some of the things he imparted:
-The recent tax overhaul produced a $29.6 Billion gain presumably without lifting a finger.
-Berkshire Hathaway book value rose to $358 Billion for the benefit of you early investors.
-On the ups and downs of the markets he said ...your mind may well become rattled by scary headlines and breathless commentary. And an unsettled mind will not make good decisions."
tjs

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