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The Ship of Theseus – The Paradox of Warren Buffett’s Investing Style
By Dr Wealth  •  August 24, 2014
The Ship of Theseus is a paradox widely believed to have originated from Greek historian and biographer Plutarch who lived from 46AD to 120AD. Imagine the Ship of Theseus to have thirty oars, and as they became damaged by storms and battered by the sea, they were gradually replaced. The hull of the ship were made of planks, and they too were stripped when they started to spring a leak. The sails, valiantly catching the wind and allowing the ship to make good speed became torn and tattered as the days went by. They too were taken down and new sails were hoisted. What if, as Plutarch was to have suggested in his writings, that the ship that eventually arrived in Athens was entirely replaced part by part over the course of the journey. So much so that every plank, nail, sail and oar was replaced and not a single ......
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By Dr Wealth
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