Investors often think that to be a great investor they need a complicated approach. It is as if they think that the more arcane their investment strategy is the more rewarding it will be. Warren Buffett disagrees.
“You don’t have to do exceptional things to get exceptional results,” Warren Buffett noted at the 1994 Berkshire Hathaway Annual Meeting. “And some people think that if you jump over a seven-foot bar that the ribbon they pin on you is going to be worth more money than if you step over a one-foot bar. And it just isn’t true in the investment world, at all.”
Buffett’s full explanation on keeping investing simple
© 2021 David Mazor
Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.