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  • Seeking Absolute Alpha Because Beta Might Not Be There  [View article]
    Buffett is an efficient capitalist, a rational investor, but also a philanthropist--and a registered Democrat (or at least a Democrat supporter). I wouldn't think of him as Darwinian in any sense, but rather that he has developed his own philosophy of the higher ethics of capitalism--giving back to the society that allowed him to prosper.

    I disagree with the author that asset allocation is less important than security selection--many well researched studies refute this. I don't believe that Warren has ever said this either.
    Mar 10 18:42 pm |Rating: +1 0
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