stlplaceLast Updated on November 8, 2008 by stlplace
The thing I like her talk is not only she properly called the market when HSI was at 31,000; but her attitude on money and happiness. She talked in Cantonese, which is foreign to me, but it has English caption 🙂
Credit goes to trader1688. Don’t go there for trading advice though.
Last Updated on November 8, 2008 by stlplace
Berkshire Hathaway, a.k.a, Warren Buffett’s diversified holding company, reported a not-so-good quarter Friday after market close. Here are the results.
(full size pic here)
On the surface the result is not good. But I think the loss from derivatives is on the paper and will be temporary.
What do we learn from Buffett
Discipline, discipline, discipline (see the definition at Wesbster Dictionary). There is a new book about Buffett came out lately. Here is the link to Amazon. If you like, you can also help me out buying from my Amazon store. But this is not my point. My point is, among many attributes that contribute to the success of Oracle of Omaha, discicpline is probablly the most important.
Jason Zweig wrote an article about the secret behind Buffett’s success on WSJ. Here is the Chinese translation.
Buffett pretender award
