Ross Clark Ross Clark

Why I’ll never be Warren Buffett

Ross Clark on investment

issue 08 November 2008

I ought to be a natural Warren Buffett. I’ve never had any difficulty doing the opposite of what everyone else is doing. If there ever was anyone capable of being ‘fearful when everyone else is greedy and greedy when everyone else is fearful’, it’s me. Why, then, is Warren Buffett worth tens of billions and I’m scratching to break even after years of investing?

It isn’t that I haven’t been on the lookout for what Buffett calls ‘moments of maximum pessimism’.

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