By Meb Faber
I don’t know why I didn’t include this idea in my new book, but consider it a bonus chapter.
How long have people known that Buffett is a great stock picker? After he closed his hedge fund in the 60’s? Or perhaps 10, 20 years later in the 1970s or 80s? Certainly by the 1990s, right?
Almost everyone in the world knows that he is a great investor. Hell, he has to be to rank in the top 5 richest people in the world. So why don’t people simply follow along and ride his coattails?… Read More