Warren Buffett's simplistic lifestyle has greatly influenced his investment decisions. His approach to life, which involves running his life like a business and thinking independently, has translated into his investment philosophy. He focuses on the fundamentals of a business rather than getting swayed by market trends or popular opinion. This has allowed him to make sound investment decisions that have yielded significant returns over the years.
When a group of economists came up with the Efficient Market Hypothesis, to explain how it was impos...
View summary