The Limits of Warren Buffett's Long-Term Strategy
Quote from Ndubuisi Ekekwe on July 8, 2018, 9:56 PM
This is how Warren Buffett sees investment. He made this statement when he expanded his Apple investment to about 5% in May 2018. It makes sense, you need an investment that would allow you to sleep at night because that investment is rock-solid on fundamentals. That goes beyond Apple to any entity you want to buy.
But be warned in Nigeria: inflation and currency devaluation will make you really poor if you think that way. That is why we need to redesign our economic systems to be decoupled from the cyclical boom and bust of crude oil.

This is how Warren Buffett sees investment. He made this statement when he expanded his Apple investment to about 5% in May 2018. It makes sense, you need an investment that would allow you to sleep at night because that investment is rock-solid on fundamentals. That goes beyond Apple to any entity you want to buy.
But be warned in Nigeria: inflation and currency devaluation will make you really poor if you think that way. That is why we need to redesign our economic systems to be decoupled from the cyclical boom and bust of crude oil.
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