Giving Credit to Buffett's Ability to Pass

Monday, December 14, 2009


Buffett deserves a great deal of credit for the deals he passed on during the Panic in 2008. Often, investors flush with cash struggle to hold back on anything that looks promising. Buffett's poise and rigid discipline kept him out of potentially disastrous deals proving that many times less is more. The deals he did go in on were not perfectly timed, but yet they have been successful for the most part so far.


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