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Isn't all Warren Buffet & Charlie Munger do for a good portion of the day, like 6 hours is 'READ & THINK'. Then do nothing else.
by dzonga 9y ago
Isn't all Warren Buffet & Charlie Munger do for a good portion of the day, like 6 hours is 'READ & THINK'. Then do nothing else.
- hbcondo714 9y agoOther guys read playboy, I read annual reports - Warren Buffett
- make3 9y agothat's basically what any analyst or researcher does, right. then, I guess an analyst writes a simulation to test his theories & a report. these hot shots likely just have other people their theories, indeed, but still likely write some amount of reports
- whatok 9y agoI'd imagine most of the firms ranking here are not reading the reports at all.
- rockinghigh 9y agoAs a CEO of a conglomerate with 370k employees, I doubt Warren Buffet spends most of his time picking stocks.
- sumedh 9y agoThat is what he say he does pretty much all day, he believes in extreme hands off approach so that he does not have to waste time with the day today operations of running a conglomerate.