Warren Buffett, (Pic: Chip Somodevilla)
Summary
- Warren Buffett reminded investors that “near-term economic and market forecasts are worse than useless.”
- As such, reading his annual letter is likely worth much more than trying to piece together commentary from various market strategists.
- Tech and growth investors should not ignore the wisdom from Buffett, even as Berkshire’s operating performance suffered year over year.
- There’s a place for Berkshire in growth investors’ portfolios.
- I do much more than just articles at Ultimate Growth Investing: Members get access to model portfolios, regular updates, a chat room, and more. Learn More »
While it wasn’t the first time I have pored through Berkshire Hathaway Inc.’s (NYSE:BRK.A) (NYSE:BRK.B) annual letter, penned thoughtfully by CEO Warren Buffett, it’s my first as an investor.
As a growth and tech investor focusing on the latest technological trends that could shape our economy over the next decade and beyond, it may seem that hopping onto the Buffett bandwagon is a weird concoction.
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