Pelosi strikes again! Buying tech giants Apple and Microsoft this time! Nancy Patricia Pelosi is an American politician serving as speaker of the United States House of Representatives and interested in trading.She disclosed new stock market trades on Monday, showing purchases of options to buy shares of $Apple(AAPL)$ and $Microsoft(MSFT)$.In a periodic transaction report signed last Friday and appearing on the House of Representatives' website on Monday, the senior Democrat disclosed that her husband, financier Paul Pelosi, on May 13 bought Apple call options for between $500,001 and $1 million.On May 24, he bought more Apple call opt
Buffett himself said that intrinsic value will differ since it has a judgement component. Judgement is developed thru experience. Also there is a circle of competent that differs. The outcome varies.In addition, humility is rare in investors. Smart people have tendency to delude themselves better. Berk also has an advantage that we don't have. Insurance float. That amps up Berkshire's performance. It is rare to have that combination of skills and setup.
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