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bar1080

06/11/23 6:01 PM

#213229 RE: Koog #213048

Buffett rages at: "You can't go broke taking_a_profit."

"The worst of these is this perhaps: Can you imagine a CEO using this line to urge his board to sell a star subsidiary? In our view, what makes sense in business also makes sense in stocks: An investor should ordinarily hold a small piece of an outstanding business with the same tenacity that an owner would exhibit if he owned all of that business."

Berkshire Hathaway 1993 annual report:
https://www.berkshirehathaway.com/letters/1993.html