Berkshire Hathaway Annual Shareholder Meetings (since 1994) cover image

2007-Morning Session-BRK Annual Shareholders Meeting

Berkshire Hathaway Annual Shareholder Meetings (since 1994)

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Short-Term Mindset in Investing

The chapter analyzes the proliferation of a short-term mindset in investing and its impact on the economy and market. It discusses the increase in turnover and the rise of money managers making daily decisions based on news events. The chapter also explores the misconception of using Gaussian distributions to predict market disasters and the limitations of teaching obsolete procedures.

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