Adaptability
Warren Buffett is one of the best investors in the world. The reason why he’s so famous is that he has managed to compound money at an above average rate of return for over 70 years. Q3 2021 hedge fund letters, conferences and more Historical Returns Of Famous InvestorsIf you look at this chart of historical returns of famous investors, you would notice an interesting fact. The first is that the investors who have generated very high rates of return tend to only last for a short period of time, until their performance ends up deteriorating and they leave investing. Source: Excess Returns There...