The Motley Fool Discussion Boards
Stocks B / Berkshire Hathaway
|Subject: Re: Is there one idea above the rest?||Date: 11/19/2000 4:26 AM|
|Author: bsilly||Number: 38143 of 215649|
"Is that really true - that "so few" people make money with their investments? Doesn't seem that way to me."
There's lot's of folks making money on their investments. In fact, most people do.
Success in investing, to me, is defined by measureably superior performance (beat market averages, peers) over periods of time measured in decades. Quite possibly, the mantra of "buy good companies at reasonable prices" is not the only way to do it. Even though it makes incredible sense to me, and perhaps others, the difficulty lies in execution.
I welcome all other views.
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