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Summary | 5 Annotations
A New Era of Value Investing
2019/03/04 01:23
They are not like AT&T, GM, or Exxon Mobil, requiring lots of capital to produce earnings. We have become an asset-light economy.
2019/03/04 01:23
Buffett's comments received only passing mention in the press.
2019/03/04 01:23
As a professional money manager and a Berkshire shareholder myself, it struck me: Had anyone heard their guru suggesting that they look forward rather than behind?
2019/03/04 01:24
The next day, Buffett repeated his view in a CNBC interview and noted the lack of attention they had received.
2019/03/04 01:24