Warren Buffet and Institutional Investors
April 19, 2008A few days ago I added a little gimmick to the sidebar that I thought those of you who are interested in (Personal) Finance would enjoy. Since I assume that most of my readers fall into this category, I hope you will all find it helpful… 
The new feature I’m talking about is the Library section which gives you an overview of the books I’m reading or have most recently finished.
As I’m going through a tremendous amount of finance-related books these days (in preparation for making a career change), you will find this section updated reasonably frequently. The sidebar gives you a preview of the book I’m currently at while the Library page shows you all the relevant books I’ve read together with a short opinion on how helpful and/or entertaining I thought they were.
All books are linked directly to Amazon should you consider purchasing any one of them.
Now you’re probably wondering why this post is called “Warren Buffet and Institutional Investors” while I spent all my time talking about my new idea. Well… there is an explanation. Since I want to share a particularly good story with you that I have come across in my most recent book, I thought it would make sense to introduce you to the Library along the way. But now it’s time to focus on Warren Buffet’s opinion of Institutional Investors. He quotes the following story in one of his letters to the shareholders of Berkshire Hathaway (his company):
Originally told by Ben Graham in the 1940s, it is still applicable to the markets today and is a wonderful description of the importance of investor sentiment (no matter how unfounded it might be).
A year ago on Simple Pound: What are we tracking? Top 5 indices to invest in
