Preview | Risk vs. Volatility & the Power of Concentration | Buffett's 1993 Investment Philosophy Masterclass

The 1993 letter delivers timeless wisdom about the nature of investment risk and the power of focusing on business fundamentals rather than market noise. Buffett's insights about volatility being the investor's friend and concentration reducing risk for knowledgeable investors remain as relevant today as ever.

Most importantly, this letter shows that successful investing isn't about predicting market movements or solving complex puzzles – it's about finding simple, understandable businesses with strong competitive positions and having the patience to let compounding work its magic.

See the complete episode at | https://www.pallavisehgal.com/capital-compass/risk-vs-volatility-amp-the-power-of-concentration-buffetts-1993-investment-philosophy-masterclass

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