A periodic look through the archives of the greatest investor in history

In Berkshire Hathaway’s 1997 Letter to Shareholders, Warren Buffett talked about why market fluctuations are good for buy-and-hold investors. Below is an excerpt from the letter.

Validea’s Warren Buffett-inspired portfolio is up 104.3% since its late-2003 inception vs. 82.7% for the S&P 500. Check out its holdings here.