Buffets advice

I had thought he said his estate. I guess he'd be retired if he had an estate.

Mr. Buffett has made his share of mistakes throughout his career. He has. He's made statements to his shareholders that appear to be less than transparent. But he has done very, very well.

Here is what I would personally take way from what he has managed to accomplish.

1) Consistency always outperforms occasional brilliance.
2) It's hard to pick a price point, easier to pick a fundamentally sound business to invest in.

That's just my take however. I also like that hard pack hand scoop ice cream. Not so much the 43 metric tons of soft serve at DQ. But I think he owns retail distributors of both types of ice cream.

Buffet has been a crappy investor for a long time now. He should have done that a long time ago and just layered on the alpha that he picks up because of his name recognition.