That combination of features has encouraged my adoption of a constructive or even leveraged investment stance after every bear market decline in three
decades as a professional investor.
They also explain virtually every major success and occasional stumble I've experienced in three
decades as a professional investor.
Not exact matches
What I do think is that over the past
decade,
investors (including people who hold themselves out
as investment
professionals) have become far more susceptible to reckless myopia than I would have liked to believe.
For
decades, academics
as well
as private and
professional investors have picked over the words of both men, delivered in open letters and at Berkshire's annual shareholder meetings.
As a
professional investor more than two
decades later, he has bet that shares of companies like his former employer will sink, which has become one of his most lucrative investment ideas.