I. Volatility is the price you have to pay for investing. “This is the third time that Warren and I have seen our holdings in Berkshire Hathaway go down, top tick to bottom tick, by 50%. I think it's in the nature of long term shareholding of the normal vicissitudes, in worldly outcomes, and in markets that the long-term holder has his quoted value of his stocks go down by say 50%.
3-Bullet Sunday, 1 Nov 2020
3-Bullet Sunday, 1 Nov 2020
3-Bullet Sunday, 1 Nov 2020
I. Volatility is the price you have to pay for investing. “This is the third time that Warren and I have seen our holdings in Berkshire Hathaway go down, top tick to bottom tick, by 50%. I think it's in the nature of long term shareholding of the normal vicissitudes, in worldly outcomes, and in markets that the long-term holder has his quoted value of his stocks go down by say 50%.