Investor C, 8.27.08

Wed 27 Aug
2008
  • Warren Buffet, Berkshire Hathaway

“When the stock temporarily overperforms or underperforms the business, a limited number of shareholders—either sellers or buyers—receive out-sized benefits at the expense of those they trade with. [But] over time, the aggregate gains made by Berkshire shareholders must of necessity match the business gains of the company.”