Great investing lesson from Warren Buffett
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Nailed it!
He’s said that he regrets not selling it.
Unfortunately, because our money (fiat currencies) fails at doing one of its 3 jobs (be a store of value), people don’t buy shares in business to earn a return in the form of divideds, but to speculate on the price going up, even if the company is cashflow negative (i.e. Uber).
If you want to own a business, you’re better off doing it the old school way and get into private equity. Yeah, less opportunities and more risk, but better rewards, I’d say.