Essayer OR - Gratuit
INVESTING IS A WAITING GAME: PATIENCE TRUMPS INTELLIGENCE, BEATS VOLATILITY
Mint Chennai
|March 20, 2025
Those who are patient typically ignore daily fluctuations and stay committed to their strategy
Most associate Berkshire Hathaway with Warren Buffett and Charlie Munger, but in the early 1970s, they were part of a trio with Rick Guerin. All three had exceptional analytical skills and a deep understanding of value investing, yet few know Guerin. Buffett once said when markets crashed nearly 70% in 1973-74, Guerin, who had borrowed heavily, faced margin calls, forcing him to sell Berkshire Hathaway shares to Buffett for under $40 each. Those shares are worth about $740,000 today, making it one of history's costliest lessons in patience.
The power of compounding
Cette histoire est tirée de l'édition March 20, 2025 de Mint Chennai.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Mint Chennai
Mint Chennai
Inside the pub behind 1,000 love stories
A 165-year-old tavern in Philadelphia is the US city's unlikeliest match-maker, proving in-person connections hold more power than dating apps
3 mins
November 14, 2025
Mint Chennai
The budget must enable a trust-led indirect tax system
India’s indirect tax system has undergone remarkable transformation. The rollout of the goods and services tax (GST) and the landmark reforms announced on 3 September have established a modern, digital and more predictable framework.
3 mins
November 14, 2025
Mint Chennai
Moody’s sees India powering ahead at 6.5% through 2027
Robust internal demand, export diversification amid punitive US tariffs, and sustained infrastructure investment will help India retain its fastest-growing major economy tag for the next couple of years.
1 mins
November 14, 2025
Mint Chennai
Brokers struggle to meet Sebi deadline on retail algo trading
Stockbrokers are scrambling to meet a series of cascading regulatory deadlines to implement new algorithmic trading rules for retail investors, a landmark shift that promises to democratize sophisticated trading tools but has triggered technical and compliance hurdles.
2 mins
November 14, 2025
Mint Chennai
AI’s next smart move might be scrapping the chatbot entirely
Conversational AI introduces too much risk and unpredictability
3 mins
November 14, 2025
Mint Chennai
Anti-dumping duty imposed on Vietnam
To protect domestic steelmakers, the finance ministry has imposed anti-dumping duties on specific Vietnamese steel products for five years.
2 mins
November 14, 2025
Mint Chennai
‘Mahindra Finance dividends to fund life insurance foray’
The Mahindra Group is confident that the dividend from its financial servicessubsidiary will be more than sufficient to fund its ₹3,600 crore investment over a decade into its life insurance foray, as it bets on its distribution reach inunderpenetrated rural and semi-urban India.
1 mins
November 14, 2025
Mint Chennai
DWS set to buy 40% of Nippon Life India AIF
The partnership aims to tap offshore investors via DWS's global network
2 mins
November 14, 2025
Mint Chennai
Blackstone, SoftBank in talks for Neysa stake
Blackstone Inc. and Soft-Bank Group Corp. are in early talks to buy stakes in Neysa Networks Pvt., an Indian cloud infrastructure startup, according to people familiar with the matter.
1 min
November 14, 2025
Mint Chennai
Start EV push with luxury ICE car ban, suggests SC
The Supreme Court on Thursday suggested that the Centre consider banning high-end luxury vehicles with internal combustion engines (ICE) as a starting point for the transition to electric mobility.
1 min
November 14, 2025
Listen
Translate
Change font size