2017-06-21 05:36:00 Wed ET
trust perseverance resilience empathy compassion passion purpose vision mission life metaphors seamless integration critical success factors personal finance entrepreneur inspiration grit
In his latest Berkshire Hathaway annual letter to shareholders, Warren Buffett points out that many people misunderstand his stock investment method in several ways.
First, his long-term buy-and-hold method does not apply to special cases that warrant an immediate exit strategy. For instance, Warren Buffett has sold major equity stakes in AT&T, Deere, P&G, IBM, and most importantly, Walmart.
Second, Warren Buffett expects medium-term consolidation and transformation within the air transport industry. For this reason, he retains substantial equity stakes in Delta, South West, and United Continental Airlines.
In regard to the latter major stock sale, Warren Buffett praises the recent rise and success of Amazon (i.e. Walmart's closest online retail rival).
Third, Warren Buffett simply laughs at his own *stupidity* in neglecting the epic ecommerce success of Amazon, Alibaba, Google, and Apple. While he retains an active interest in Apple as now the world's largest corporation and dividend payer, Buffett thinks that he needs a cultural change in his ambivalent attitude toward technology stocks with decent fundamental prospects.
Overall, these points help clarify the common misconception of Warren Buffett's long-term buy-and-hold value investment strategy.
If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.
2018-06-05 07:36:00 Tuesday ET

Just Capital issues a new report in support of the stakeholder value proposition in recent times. U.S. corporations that perform best on key priorities such
2020-02-26 09:30:00 Wednesday ET

Goldman Sachs follows the timeless business principles and best practices in financial market design and investment management. William Cohan (2011) M
2018-07-13 09:41:00 Friday ET

Yale economist Stephen Roach warns that America has much to lose from the current trade war with China for a few reasons. First, America is highly dependent
2019-11-11 09:36:00 Monday ET

Apple upstream semiconductor chipmaker TSMC boosts capital expenditures to $15 billion with almost 10% revenue growth by December 2019. Due to high global d
2023-11-07 11:31:00 Tuesday ET

Joel Mokyr suggests that economic growth arises from a change in cultural beliefs toward technological progress. Joel Mokyr (2018) A culture
2022-10-05 08:24:00 Wednesday ET

Precautionary-motive and agency reasons for corporate cash management Bates, Kahle, and Stulz (JF 2009) empirically find that public firms have doubled t