The biggest investment risk is misjudging the future of the business that you are investing in. If you misread the future, then you are going to lose money. That risk will exist no matter what you invest in. All you can do is try to analyze the business as carefully as possible and try to minimize mistakes of this type. Ajit has probably made more money for Berkshire Hathaway than Buffett has. He is not only a great executive, but he is also a great human being. He has always behaved honorably. He could have made more money working for someone else, but he wanted to work for Berkshire. There is no specific quota of money to deploy in India. Buffett will spend money wherever he sees an opportunity. If he gets just one good idea per year, then he is very satisfied. There is no way to predict when or where the next opportunity will arise.
|
|
|