Swizzled Posted December 19, 2010 Share Posted December 19, 2010 http://www.gurufocus.com/news.php?id=117529 It is called discipline, not a mistake of omission. Link to comment Share on other sites More sharing options...
Rabbitisrich Posted December 20, 2010 Share Posted December 20, 2010 I don't think that the examples provided in the essay demonstrated discipline. Especially in the Cap Cities deal, Buffett underestimated the importance of Tom Murphy's participation. That is a mistake because he misunderstood the dynamics of the bet; likewise, he probably isn't biting his lip over missing out on the Netflix run. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now