The absence of thinking for yourself
February 16, 2023 Leave a comment
“The most contrarian thing of all is not to oppose the crowd but to think for yourself.”
— Peter Thiel
Yesterday it was announced that at some time during the past quarter, Berkshire Hathaway’s 13F had reduced its holding in Taiwan Semiconductor (TSM) by 86% (from the previous quarterly filing).
and so, yesterday TSM’s stock price fell 5%.
This is one example where many who reacted to this news failed to think for themselves.
February 16, 2023