Of interest to investors, probably not traders too much
I spotted these earlier and passing them on. If you're an investment manager they ain't too bad at all:
- Our investments will be chosen on the basis of value, not popularity
- Our investments will attempt to reduce the risk of permanent capital loss (not short-term quotation loss) to a minimum
- My wife, children and I will have virtually our entire net worth in the partnership.
I used to frequent some forums where participants questioned (actually belittled) Buffett's investment skills because of his political views. Fools.
