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Yet another "next Warren Buffett" bit the dust last week. This is a thread about how Warren Buffett is truly unique and media's obsession over trying to find his next incarnation.
#investing #WarrenBuffett #nonextwarren
#investing #WarrenBuffett #nonextwarren
There is a long list of people media has called the next Warren Buffett. In the past Eddie Lampert, J. Michael Pearson, Bill Ackman and Seth Klarman have been labelled thus.
However, the recent ones (>2021) have been most egregious.
However, the recent ones (>2021) have been most egregious.
1/ Cathie Wood earned that title - ca.finance.yahoo.com/news/cathie-wo… - as a cursory glance at ARK funds would tell you, she was a single-themed investor who got a massive one-time tailwind in post-covid QE. Neither her investments not her ETF can find a place to hide at the moment.
