Home > Boards > Free Zone > Penny Fundamentals > DD Support Board and Research Team

Munger [at BRK SHM] strongly agrees with Bar1080

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
bar1080 Member Profile
 
Followed By 215
Posts 23,034
Boards Moderated 6
Alias Born 07/07/04
160x600 placeholder
bar1080   Tuesday, 05/04/21 10:57:41 AM
Re: BullNBear52 post# 185950
Post # of 186115 
Munger [at BRK SHM] strongly agrees with Bar1080 on portfolio turnover

INTERVIEWER: Mr Buffett has espoused for decades the philosophy of buy and hold or hold forever was too short of a time period. Is it a misperception on my part or has his philosophy changed? It seems to be a much greater turnover in the equity portfolio, lately.

BUFFETT: I don't think there's that much turnover.

MUNGER: No, but there's too much.

BUFFETT: What?

MUNGER: There's way too much.

[LAUGHTER]

BUFFETT: Yeah.

https://finance.yahoo.com/video/warren-buffett-philosophy-buying-holding-211644684.html

______________________________________________________________
Because the Good Life is Just a Pump or Two Away
Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist
Consent Preferences