Its been a while since i last wrote a blog. Sorry for the delay to all followers of berkshirepupil.
So lets fast forward 5-7-10 years. In life its most important to read history, law of averages and extreme bubbles and recessions. Keeping all those in mind from tulip mania to 1929 depression. It takes a lot of guts to stand against the crowds and invest. In my humble view the prices like these in mid and small cap won’t be there in the next 5-7 years.
It is because of Almighty and the mentors that i am able to learn about these manias, recessions and law of averages. But how does someone put this into practice or what should you look for in a manager who can handle your money?
Firstly in plain words… He(or she, ) should be boring by normal standards. He would be someone who reads, reads and reads. Someone who wants to expand his horizon all the time. He would be someone who thinks long term and is a contrarion. AND lastly he or she would not be materialistic, their goals and aspirations are much higher than average people.
ITS THE WISE WHO MAKE BIG MONEY…
