4 ms·
That's way too reductive. Yes, his reputation helps tremendously, but even as a complete unknown he would still be a world-class investor.
by gizmo 7y ago
That's way too reductive. Yes, his reputation helps tremendously, but even as a complete unknown he would still be a world-class investor.
- DennisP 7y agoHe actually did better when he was a complete unknown. Berkshire is huge now because Buffett averaged 20% annual gains for decades. Now his returns are down because it's hard to find good deals on companies big enough to matter to him.