Imagine walking into Gorat’s Steakhouse in Omaha and meeting Warren Buffett, the second richest man in the world. What would you ask him? How would you use your time over dinner to get to know him?
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Category: InvestmentI recently read Ted Cadsby’s The 10 Biggest Investment Mistakes Canadians Make and How to Avoid Them by Stoddart Publishing.
The book (among other things) propounds asset allocation as a prime methodology for investing and I generally agree with that approach. However, there was one aspect in the discussion which irritated me because it represents a statistical mistake. (Okay, okay I should get a life!) Anyway this statistical mistake occurs in the text and on the cover as a selling point for the book. (continue reading…)