10 years from now the "Oracle" will probably be long gone. Will his "replacement" be as adept as the "original"? (maybe yes, probably no)
Buffett's formula "buy quality and hold for the long term" is easy to say but hard (for nearly all of the rest of us) to do.
I'm not talking to you anymore, you lost me ten points.
Should Berkshire Hathaway be looked at as a conservative investment with a lower risk/return ratio than the S & P 500?
or should Berkshire Hathaway be considered a way to "maximize returns" and outperform the S & P 500?
