Buffett remains an idol of mine and I’d give my right arm to be a tenth as good as he is at picking stocks. But that doesn’t mean he’s perfect.
To jump or not to jump out of a volatile market, that’s the question the mainstream is asking right now. What if you’re close to retirement and you’re just holding the market right now?
Being first can be a huge advantage. We even have a term for it: first mover advantage. Businesses that are first to market enjoy an initial boom.
If you want to succeed at investing, you have to go beyond guesswork. You have to develop a smart approach like Peter Thiel and Warren Buffett.
For Warren Buffett, selling is usually something he doesn’t think about. Sure, he’ll sell if it turns out he was wrong about a business. He might even sell for an … Read More