If Buffett, probably the best investor of our generation, can't beat the market anymore what hope does anyone else have?
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One of the few times I disagree with you. Buffett's cognitive abilities have noticeably declined in the past 5 years and the undetected decline has probably gone on longer than that.
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Yeah. Buffett used to have near-photographic memory. I've seen a handful of times where he struggled to come up with the right number or misremembered. On example: He mistakenly told CNBC during which quarter he was buying IBM stock.
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His letters have also become much less insightful in recent years. Last year's was bare bones.
End of conversation
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