Yes. You, you and you.
And everyone else. 99.999% of the world.
Arrogant folks. (Me included)
Even if you say you don't think you're better than Warren Buffet, your actions indicate otherwise.
Walk into any room, and ask anyone. "Do you think you are a better investor than Warren Buffet?"
Who dares to raise their hands?
Probably nobody.
And yet, almost everyone believes they are.
Don't agree with me?
Ok, simply put, did you invest all your equity allocation into Berkshire Hathaway?
No?
(Note, I said equity allocation, cos maybe someone might want to allocate into real estate or bonds for whatever reason, etc.)
Heck, most people don't even own Berkshire shares!!
Ok then you think you're better than the guru himself.
Don't understand the logic behind it?
Berkshire Hathaway owns a diversified portfolio.
It is run by Warren Buffet.
Investing 100% of your equity money in it, means you trust Warren Buffet in his investment skills.
If you invest 99% in Berkshire, and 1% in something else.
Means...