Fixating on Buffett is hurting your returns

It’s that time of the year when the world’s most awaited corporate communication comes out. My guess is if we take all publicly listed companies around the world (except one), and add up the number of times their management letters get read, that number would be dwarfed by that for Berkshire Hathaway and Warren Buffett’s annual letter to shareholders. At $300,000+ per Berkshire Class A share, it’s safe to assume only a fraction of those readers are potential buyers. All around the world, people from fund houses, financial media, popular investment blogs, investment advisories pore through the simply formatted, 20-page

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How to prepare for a market correction

Nov 2014: Both the Indian benchmark indices are up by almost 40% from November last year. These are troubling times for the calm investor. I know, the two sentences don’t make sense. Shouldn’t an equity investor be thrilled that the Indian market, after hobbling along like a hamstrung geriatric for the better part of four years, is now scorching the pavement showing better performance in 2014 than every other stock market in the world? And apparently, we’re just getting started. Here’s a smattering of expert opinions on what’s in store: “Bull markets typically last for periods of five-seven years. That has been

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