My Favorite Investing Lesson from Warren Buffett
Warren Buffett -- at age 91, still the CEO of Berkshire Hathaway -- is one of the greatest investors of our time. Shares of the conglomerate have produced a compound annual return of more than 20% between 1965 and 2021, compared to just 10.5% for the S&P 500 over the same period. A large part of that outperformance was driven by its huge equities portfolio, which has also generated outstanding returns over the years.
As a result, investors from all over study Buffett's investing methods, and try to learn to think like he does. Over the decades, he has shared plenty of advice on how to do that, but one of those lessons is a particular favorite of mine.
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Source Fool.com
