Monday, March 2, 2009

Buffett admits sucking his thumb

All American Investor: Buffett admits sucking his thumb

During 2008 I did some dumb things in investments. I made at least one major mistake of commission and several lesser ones that also hurt. I will tell you more about these later. Furthermore, I made some errors of omission, sucking my thumb when new facts came in that should have caused me to re-examine my thinking and promptly take action.

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