The first concerns America's most successful investor: Berkshire Hathaway's (BRK.A) (BRK.B) Warren Buffett. From 1965 to 2024, Berkshire has racked up a compounded annual gain of 19.9% - almost double ...
Some refer to this behavior as the "Greater Fool Theory," since investors know they are overpaying but nevertheless believe they will eventually find others - greater fools - to whom they can sell ...
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