Har du missat att investera i Cellavision, Fortnox, THQ eller någon av de andra kursraketerna så ska du inte gräma dig för mycket. I slutändan var det kanske rätt beslut. Här kommer klokskap och tröst från en som borde veta: Warren Buffett.
“It gets very dangerous to project out high growth rates because you get into this paradox. If you say the growth rate of a company is going to be 9% between now and judgement day and you use a 7% discount rate it goes off into infinity. That’s where people get into a lot of trouble. The idea of projecting out extremely high growth rates for very long periods of time has caused investors to lose very, very large sums of money … Charlie [Munger] and I will very seldom, virtually never get up into high digits. You may miss an opportunity sometime, but I haven’t seen people who have been consistently successful doing that.”