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Old 11-17-2007, 01:13 PM
DesertCat DesertCat is offline
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Join Date: Aug 2004
Location: Pwned by A-Rod
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Default Re: Improving On Buffett And Desert Cat

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Desert,

I'm currently around extremely smart/successful investors who in their careers have produced above-average returns over long stretches of time. Whenever someone like Buffett or Lynch is mentioned, it seems like one of them will go out of their way to make the point that both (especially Lynch, but I'd like to hear your take more on Buffett since you've follow him closely) know a lot more than they make it out to be. Would you agree or disagree with this point?

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I would disagree. Lynch wrote a series of books, Buffett has his annual reports, gives interviews, lectures. Both seem to genuinely want to teach others what has worked for them.

Of course, since I admire both, it's easy to wonder whether I'm allowing my biases to influence my opinion here. So it's important to look at their track records rationally (esp. Buffett whom I'm much more familiar) what they have done matches up well with what they say to do.
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