The Economic Times
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| 12 April, 2021, 11:14 AM IST | E-Paper
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    Think observing what great investors are doing is useless? Here's why you couldn’t be more wrong

    A stock plays a role in a portfolio. It’s there because there is a context. One investor’s risk level may be different from another.

    Synopsis

    Most people who think that nothing is to be learned are actually doing so because they are talking not about learning, but copying. There’s a world of difference between learning and copying.

    Over the past few weeks, I have written several columns that are based on what two great investors—Warren Buffett and Charlie Munger—have written and said in recent times. As long-time readers of this page know, this is something I do once in a while, probably more often than some people like. And what objection do these ‘some people’ have? Based on reactions I receive, it’s mostly that they find it hard to understand the relevance of
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