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Old 08-05-2007, 09:03 PM
Learning Learning is offline
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Join Date: Feb 2007
Posts: 368
Default Re: Financial Advisors

Now I realize that I'm quite likely to be laughed out of BFI for asking this, but I'm curious.

If beating the market is so damn difficult, how does a guy like Buffet beat it for 20+ points over years and years? I'm about halfway through <u>Buffet: Making Of An American Capitalist</u> and it seems as if his portfolios were rather slim and heavily invested through the sixties. He is also said to have thought that people diversified enough to dilute solid returns.

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