Neither Amazon nor Berkshire feature in stock-market indexes built to pick companies worth holding for the long term. Their absence reveals a lot about the difficulties faced by those who want a simple way to invest for the long run, writes jmackin2
Warren Buffett doesn’t sell his investments easily. His “favorite holding period is forever,” he says. Jeff Bezos every year sends shareholders a copy of a 1998 letter to investors in a young Amazon.com Inc.
declaring that he doesn’t care about “short-term Wall Street reactions.”France Dernières Nouvelles, France Actualités
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