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Investment philosophy

Investment philosophy

Be fearful when others are greedy, and be greedy when others are fearful

December 5, 2014

Warren Buffett has oft been quoted as saying: “Be fearful when others are greedy, and be greedy when others are fearful.” In his annual letter for Year 2006 to Berkshire Hathaway shareholders on Feb 28, 2007, Mr Buffett said in a comment on super-cat (super-catastrophy) insurance: “…Rates have recently fallen because a flood of capital…

Fear is the foe of the faddist, but the friend of the fundamentalist

A Bloomberg report (Buffett Broadens Portfolio by Spending $23.9 Billion in Quarter) dated Nov 7, 2011, said that Warren Buffett’s Berkshire Hathaway Inc invested US$23.9 billion in the third-quarter, the most in at least 15 years, as he accelerated stock purchases and broadened the portfolio beyond consumer and financial-company holdings. “Buffett, 81, drew down Berkshire’s…