Warren Pieces: Buffett on Ted Williams, Macro Forecasting, and Fear

A periodic look through the archives of the greatest investor in history

In Berkshire Hathaway’s 1994 Letter to Shareholders, Warren Buffett offered his thoughts on macroeconomic forecasting, and discussed why fear is “the friend of the fundamentalist” . Below is an excerpt from the letter.

 Excerpted from Berkshire Hathaway’s 1994 Letter to Shareholders

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