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Buffett's legacy


LC

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Guest longinvestor

Buffett’s main legacy is laying low the Nobel Prize winning theory of the EMT. Frequently efficient but not always thing.

 

I can see the past 10 years of the edge of the Index and Buffett’s advanced age being the equivalent of running out the clock by the EMT’ers. They are already saying , see I told you so! Kinda like the 3,4,5 sigma events that they used in the past.

 

Giving up elegant theories and stopping to teach them not easy for the intellectuals. I hope there is a new generation of Graham and Doddsvillers just to keep peeing on them.

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