Warren Buffett: “There’s A Lot Of Difference Between Making Money And Spotting A Wonderful Industry”

“There’s a lot of difference between making money and spotting a wonderful industry,” Warren Buffett remarked at Berkshire Hathaway’s 1999 annual meeting of shareholders. Q2 2020 hedge fund letters, conferences and more The Oracle of Omaha was responding to one investor who asked why Berkshire wasn’t participating in the technological revolution sweeping Wall Street at the time. Until fairly recently, Buffett avoided the technology sector. He always said he wanted to avoid technology stocks because he did not understand the sector. If you’re looking for value stocks, and exclusive access to value-focused hedge fund managers, check out Hidden Value Stocks….