Warren Buffett & Charlie Munger – 2016 Berkshire Hathaway Shareholder Meeting Highlights


Warren Buffett & Charlie Munger – 2016 Berkshire Hathaway Shareholder Meeting Highlights

Get The Full Warren Buffett Series in PDF

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Seth Klarman: Investors Can No Longer Rely On Mean Reversion

Volatility"For most of the last century," Seth Klarman noted in his second-quarter letter to Baupost's investors, "a reasonable approach to assessing a company's future prospects was to expect mean reversion." He went on to explain that fluctuations in business performance were largely cyclical, and investors could profit from this buying low and selling high. Also Read More