Maybe Buffett’s style doesn’t fit the current moment, but a moment is all it is. Value investing has cycled in and out of fashion, and as fad securities sold off this week, there’s talk that it may be back “in” again. In any case, “energy” isn’t what earned Buffett his celebrity. It was patience, conviction, a sense of duty to his partners and a rejection of complex profit adjustments that are so often used to obscure and confuse. That philosophy should never go out of style.
Cutouts is an open source application. Code licensed under the MIT license. Copyright 2018 Siddharth Kannan