Warren Buffett says investment opportunities come from 'other people doing dumb things'

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

“What gives you opportunities is other people doing dumb things,' Warren Buffett said. 'There’s been a great increase in the number of people doing dumb things — and they do big dumb things.'

Billionaire Warren Buffett talked about the banking crisis, AI, Apple and a number of other hot topics Saturday at Berkshire Hathaway Inc.’s BRK.B BRK.A annual meeting, but there was one quip that may have been his best investing advice.

When asked a question about how the rise of disruptive technologies — such as AI — may affect Buffett’s favored strategy of long-term, value investing, Buffett replied: “What gives you opportunities is other people doing dumb things. During the 58 years we’ve been running Berkshire, I would...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Apple outshines all of Berkshire Hathaway's businesses: Warren BuffettApple is a better business than Geico, See's Candies, and the rest of Berkshire Hathaway's companies, Warren Buffett says
Source: BusinessInsider - 🏆 729. / 51 Read more »

Apple outshines all of Berkshire Hathaway's businesses: Warren BuffettApple is a better business than Geico, See's Candies, and the rest of Berkshire Hathaway's companies, Warren Buffett says
Source: BusinessInsider - 🏆 729. / 51 Read more »

Gabelli, Rogers on Warren Buffett, banking, housing, energy, ParamountMario Gabelli, John Rogers, and 3 other Warren Buffett experts just weighed in on the banking turmoil, pressure on house prices, and some of the investor's biggest bets. Here are their 10 best quotes.
Source: BusinessInsider - 🏆 729. / 51 Read more »