 "Warren Buffett")
“All that’s required is the passage of time, an inner calm,” began a sentence in Warren Buffett’s annual letter to his followers Saturday. He was talking about the essentials of investing in a farm or business, but it felt like a metaphor for the collectively lonely and despairing moment that the world found itself in during the past year. With his own 90-year perspective, Buffett reminded his readers that a moment is all this is.
The bar was high for Buffett this time, given all that’s happened since last year’s letter: a public-health crisis; lockdowns; social unrest; worsening wealth inequality; a
