2 ms·
I'm a value investor because I can estimate the price of BRK.B in 10 years with far more confidence than I can the price of TSLA in 6 months. Keynes said it be
by marcusverus 6y ago
I'm a value investor because I can estimate the price of BRK.B in 10 years with far more confidence than I can the price of TSLA in 6 months.
Keynes said it best:
"It is dangerous... To apply to the future inductive arguments based on past experience, unless one can distinguish the broad reasons why past experience was what it was."