Warren Buffett's Berkshire Hathaway's 2008 Annual Letter [View article]
It is too early to write Buffet's obituary. He was ridiculed for full three years during the internet bubbles, and guess who had the last laugh?
Besides, what's so unusual about making mistakes, what's unusual is openly admitting it.
In final analysis, his letter is still one of the best education material for investors. If you don't have time to read the full 23-pages, at least read the excerpts:
Warren Buffet, The Ultimate Dividend Investor [View article]
Despite their tax-disadvantage, high-dividend paying stocks are a great way to survive a prolong recession. As Robert Shiller discovered, stock prices fell more than 80% during the Great Depression while dividends only fell 11%-12%.
An Opportunity for Patient Investors - Barron's [View article]
Patience is in short supply. Already there are pundits mocking Warren Buffet because the market continued to drop after his "buy American" call. No wonder Warren Buffet said the smarts do not necessarily win in investing.
An Opportunity for Patient Investors - Barron's [View article]
Regarding concerns that dividends will drop significantly, there is no doubt dividends will drop but will definitely not as much as prices. This is according to Yale professor Robert Shiller's research.
Buffett and the Limits to 'Awaiting Better Times' [View article]
Buffet's advice is very sound, particular if you invest in high dividend paying stocks like Buffet does. Research shows they recovered relatively quickly even in the Great Depression.
WaMu Shows, Again, Smart Money Can Be Wrong [View article]
This lesson here is not that you need to do your homework - I am sure Bill Nygren and David Dreman did their homeworks - but that many times we just don't know. Diversify your investments among multiple asset classes (Like Harvard and Yale endowments) and not betting on any one company is the most prudent approach. (The website link to the left will take you to an article on that.)
Warren Buffett's Berkshire Hathaway's 2008 Annual Letter [View article]
Besides, what's so unusual about making mistakes, what's unusual is openly admitting it.
In final analysis, his letter is still one of the best education material for investors. If you don't have time to read the full 23-pages, at least read the excerpts:
investmentscientist.co.../
Should You Follow Warren Buffett’s Latest Moves? [View article]
Warren Buffet, The Ultimate Dividend Investor [View article]
investmentscientist.co.../
An Opportunity for Patient Investors - Barron's [View article]
An Opportunity for Patient Investors - Barron's [View article]
investmentscientist.co.../
Buffett and the Limits to 'Awaiting Better Times' [View article]
investmentscientist.co.../
(or the My Website link above)
WaMu Shows, Again, Smart Money Can Be Wrong [View article]
Investment Discipline in the Year of Capitulation [View article]