Stick to What You Know – Avoid the Rest

Larry Sarbit highlights some things investors should admit they know nothing about.

This article was taken from the Vancouver Sun, Thursday, June 25, 2020

Even in “normal” times, the future, at least in the short to
mid term, is a guessing game at best. The emergence of
COVID-19 is the best example that trying to look forward with
any clarity and precision is a fools’ errand.

Warren Buffett, at this year’s Berkshire Hathaway Inc.’s
AGM on May 2, said “I don’t know” 30 times during his
discussion. In my history of studying and reading

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