Warren Buffett Doesn't Practice What He Preaches
David Nelson of Belpointe Asset Management points out that while Warren Buffett is fond of telling investors that he keeps emotion out of his decisions, he does exactly the opposite.
Warren Buffett held his annual shareholder meeting this past weekend, where investors grilled him about his Coke ownership. David Nelson of Belpointe Asset Management points out that while Buffett is fond of telling investors that he keeps emotion out of his decisions, he does the opposite. He raves about how much he loves Coke, but doesn't like stock options, and he uses many emotional verbs when describing his investment decisions for Berkshire Hathaway.
