I used to share a somewhat similar sentiment. I know one anecdote is not data, b... | Hacker News

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		enjeyw 15 days ago \| parent \| context \| favorite \| on: Warren Buffett steps down as Berkshire Hathaway CE... I used to share a somewhat similar sentiment. I know one anecdote is not data, but his investment in BYD all the way back in 2008 does counter that viewpoint somewhat - his investment success in the BYD case isn’t from other investors following him in, it’s from him identifying BYD as a successful company far before any other major investors did.

tim333 15 days ago [–]

Minor nit - it was Charlie Munger who identified and argued for BYD.

enjeyw 9 days ago | [–]

Oh I didn’t know that! Thanks for the clarification.

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