Tuesday, January 7, 2014

Valueprax: Notes on Buffett Partnership Letters 1957-1970

"Buffett did not ignore broad market valuations. And not only did he not ignore them, he actively manipulated his portfolio in response to them."

1 comment:

  1. I only wonder if this is still true as he has become a larger part of the market. Do old habits die hard or is the truth always relevant?

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