STREET DOGS: Why Warren Buffett fans don’t want to go to the Berkshire annual meeting
Why even Warren Buffett fans don’t want to go to the Berkshire annual meeting
Am I the only value investor who thinks that going to Warren Buffett’s annual shareholder meeting is a waste of time," asks Evan Bleker at metnethunter.com. "It’s not because so many value investors get sucked into the Buffett trap," he says, "or the fact that he achieved his best returns in the beginning of his career using a completely different investment strategy. You see, I’ve been a fan of Buffett for quite a while now." So why doesn’t Bleker want to attend the event? Here are just three of his many reasons: • Because books and articles are better teachers."And I already have so much to learn," says Bleker. "Buffett has written shareholder letters for roughly 50 years and there are so many interviews and books that I’m positive I could learn a lot by focusing on that material. There’s undoubtedly a lot of wisdom out there which I’ve overlooked or haven’t applied. Why collect more if I’m already not making full use of what’s available?" • Because there are a lot of other things...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.