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No. of Recommendations: 21
Tech is low risk / high reward but he is not able to see it.

Mr Buffett is able to see that most "tech" firms are not predictable businesses over long time frames--the range of outcomes is generally very wide.
Technologies change, especially cutting edge technologies.
He also understands that really good investment results come from skipping things that give unpleasant surprises: Rule #1 and all that.

So...does he understand investing in tech better, or worse, than other prominent investors?

People who do skydiving understand the intricacies of things like PLFs and rear riser stalls and parachute folding far better than I do.
But they are also far more likely to die in a skydiving accident than I am.
So...which of us has a better handling of the risk?

One view:
If something risky is not worth doing, it's not worth doing well.

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