The 1 Thing Warren Buffett's Critics Are Missing
Many see Warren Buffett as an investing guru who can do no wrong. Yet even Buffett himself would be quick to admit that he's made plenty of mistakes. As his company, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), has grown, it's become increasingly difficult for Buffett to work his magic and find opportunities for dramatic outperformance.
Recently, many people have started to criticize Buffett, suggesting that his best days are gone and that his illustrious track record is coming to an end. The one thing that longtime Berkshire shareholders can remember that most of these critics have forgotten, though, is that the stock has gone through these cycles before -- and inevitably will again.
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