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SuntanIronMan (99.91)

Taking the Ten Year Buffett Challenge

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May 01, 2013 – Comments (2) | RELATED TICKERS: DANOY

With Berkshire Hathaway’s annual shareholder meeting almost upon us, I am reminded of this investing gem Warren Buffett once said: “Only buy something that you’d be perfectly happy to hold if the market shut down for ten years.” That bit of advice is beautiful in its simplicity. Buffett is challenging us to think long-term with every investment decision. That is a challenge we should all accept; constructing ten year portfolios that would make the Oracle of Omaha proud.

http://beta.fool.com/whichstockswork/2013/04/30/taking-the-ten-year-buffett-challenge/32922/

2 Comments – Post Your Own

#1) On May 02, 2013 at 1:40 PM, Windsurfing1 (74.25) wrote:

yeah, and that's why none of your active caps holdings is within the portfolio for longer than a year - NOT one, out of almost 700 investments :-)   ....sorry, do not take me wrong

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#2) On May 02, 2013 at 9:06 PM, SuntanIronMan (99.91) wrote:

I have been a Fool since May 18 2012 and today is May 2, 2013. It is impossible for me to have active picks longer than a year, as I have not yet been a member for a full year.

Also, CAPS is a game, not investing. CAPS is not even an investing game per se, but a stock picking game. A game with "Players" and "Player Ratings". In CAPS we are choosing game pieces on a game board, not investments in a portfolio.

My CAPS picks are not the same as my actual stock transactions in my actual stock portfolio. I only own a few companies in real life (Danone being one such company), as well as a few ETFs. I certainly do not own (or am short) all 200 stocks I currently have active on my CAPS "Score Card".

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