Chubb: Why You Shouldn't Follow Buffett?
Buffett had previously asked for a preferential treatment from SEC not to disclose a position he was slowly accumulated. He disclosed it in Berkshire's latest 13-F filing.
If you asked me to summarize Warren Buffett’s investment philosophy in a phrase, it would be: Circle of Competence.
He made this clear many times, he only looks at the companies in his circle of competence.
He likes to explain this concept by drawing a similarity between baseball pitches and investment opportunities👇