lwhao321 lwhao321

14-09-2022
Business

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Read the following excerpts and comment on the discussion question:

Buffett, W.E. (1993). Warren Buffett’s 1993 Letter to Berkshire Shareholders. Read the “Common Stock Investments” section
Buffett, W.E. and Munger, C.T. (2007). 2007 Berkshire Hathaway Annual Shareholders Meeting. Watch/read the “6. Volatility is not a measure of risk” section

Question for discussion: Comment why beta or volatility is not a good measure of risk.

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