Words to Remember

Build Wealth With Broad Exposure 🧠

Warren Buffett quote: The goal of the non-professional should not be to pick winners, but to own a cross-section of businesses.

The goal of the non-professional should not be to pick winners, but to own a cross-section of businesses.

Warren Buffett, Berkshire Hathaway shareholder letter, 2013

Why we ran it

Wall Street's landlords were selling houses at a record pace while Berkshire bought its way into homebuilding with a $6.8 billion deal for Taylor Morrison. Two of the smartest pools of money in America, opposite bets. Buffett's advice for everyone else is not to pick a side but to own the whole board.

From the July 10, 2026 issue: The House Buffett Built →

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