Tag archives for Buffett

  1. Russian Roulette (or Luck Vs Skill)

    Imagine this scenario[1] and see if there is something off about it: You get a chance to meet the world champion in Russian roulette.  He has traveled across the globe, putting a gun to his own head and skillfully not shooting himself.  He’s faced hundreds of opponents from every country you can name, including the…

  2. Fortunetellers, Stockpickers and the Former Chairman of the Federal Reserve

    Here’s a question, what’s the difference between the three of them?  Here’s a hint: not much.  Here’s an excerpt from an interview with Alan Greenspan, former chairman of the Federal Reserve: “I’ve been in the forecasting business for more than half a century.  If I get it right 70 percent of the time, I consider…