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sunspotter

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sunspotter

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Thursday, 12/05/2013 5:34:32 AM

Thursday, December 05, 2013 5:34:32 AM

Post# of 2137
Buffet's Alpha:

http://www.econ.yale.edu/~af227/pdf/Buffett's%20Alpha%20-%20Frazzini,%20Kabiller%20and%20Pedersen.pdf

A paper from some Yale economists purporting to unveil Buffet's secrets. Pretty much a BGO, and nothing Warren hasn't told us himself.

Sadly, most of us (me included) don't have the discipline. So I let Warren do it for me instead.

"It is difficult to get a man to understand something, when his salary depends upon his not understanding it."

Upton Sinclair

"Nobody ever went broke underestimating the intelligence of the American public."

H. L. Mencken

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