Yes, the book is humorous yet is based on actual personal financial experiences, some of which were devastating. It is an easy read, full of lessons to be learned and thought provoking, a welcome combination.
Back in 1962 Warren Buffett decorated his office wall with headlines from market crashes and panics as reminders to be prepared for anything.
Warren Buffett hung newspapers from 7 market catastrophes on an office wall to remind him '''anything can happen''' | Business Insider India
I try to be prepared as I was taught in the Boy Scout program which led to me posting this thread about how high the market is at present.
Yet I still feel quite optimistic and positive about the future of our country, as Buffett always has. I am now quite happy, relaxed and breathing easy but remain alert for short term movements. Buffett is sitting on over $300B in cash, the largest amount and portion of his portfolio ever. I am keeping a large percentage of my portfolio in cash at this time. Historically great opportunities that I was able to recognize as such have presented themselves only a handful of times in my life. Perhaps another shall come along before too long. Who knows?
For now, today, "All Eyes on NVDA".