The company Buffett has run since 1965 also signaled the billionaire s confidence in its future by repurchasing $6 billion of its own shares in the second quarter, even as its stock price regularly set new highs.
William Green, author of Richer, Wiser, Happier: How The World s Greatest Investors In Markets And Life , says super investors like Warren Buffett and Charlie Munger played only those games they could win.
Warren Buffett’s meeting of many mea culpas: From Apple to healthcare
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Last Updated: May 02, 2021, 10:12 AM IST
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“That was probably a mistake,” Warren Buffett said of its decision to sell some of Apple’s stock last year.
Warren Buffett also reflected on the health care venture Berkshire had set up with JPMorgan Chase & Co. and Amazon.com Inc., to attack the “tape worm” of high-costs in the system.
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Warren Buffett just wanted to say sorry.
The chief executive officer made a few blunt admissions at his annual meeting of Berkshire Hathaway Inc. shareholders on Saturday. Among them were regrets over Apple Inc. stock sales, the circumstances surrounding its airline share dump, and a failed healthcare venture.
Buffett to first-time investors: ‘It is not as easy as it sounds’
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Warren Buffett said before investors become too sure of themselves, it is important to realise that “there is a lot more to stock picking than to work out which is going to be the most wonderful industry in the future.”
Reuters
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MUMBAI: Warren Buffett’s advice is one of the most sought after in the world of investing and on Saturday the billionaire offered some simple tips to millions of new investors who have entered the stock market not just in the US, but globally.
Most people who think that nothing is to be learned are actually doing so because they are talking not about learning, but copying. There’s a world of difference between learning and copying.