Buffett: Even if your borrowings are small and your positions aren’t immediately threatened by the plunging market, your mind may well become rattled by scary headlines and breathless commentary. And an unsettled mind will not make good decisions. — Bloomberg
SEATTLE: Sometimes the best lessons are worth repeating.
Billionaire investor Warren Buffett used his widely-read annual letter to Berkshire Hathaway Inc shareholders on Saturday to again call out the wasteful fees that many money managers charge. He highlighted the risk of bonds and emphasised the importance of sticking with a simple investment strategy.
