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Warren Buffett could be considered conservative, and having a generous aversion to all things tech. a16z, OTOH is almost on the opposite side of the spectrum wh
by wamatt 13y ago
Warren Buffett could be considered conservative, and having a generous aversion to all things tech. a16z, OTOH is almost on the opposite side of the spectrum when compared to Berkshire Hathaway. And yet, they both appear to following a similar fundamental principle:
Invest in truly exceptional companies and people, at a good price. Rather than a good company, at an exceptional price. [1]
[1] http://www.berkshirehathaway.com/letters/1989.html http://www.berkshirehathaway.com/letters/1989.html
- pmarca 13y agoThat's exactly what we're trying to do.