After Buffett’s initial plunge, he always kept at least 80 per cent of his net worth in equities. His favoured status throughout that period was 100 per cent – and still is. Buffett has time and again advised first-time investors to not act as gamblers. Buffett said at Berkshire AGM: Investing is not as easy as it sounds.
The operations of Disney India reveal a great deal about this. Disney’s India business contains television assets including more than 70 channels across eight languages,