Long-term investing in equity is the surest way to healthy wealth creation

A fund manager shares what he learnt from Warren Buffett, after attending Berkshire Hathaway's AGMs over the years

Come May, and tens of thousands of serious investors descend on the sleepy town of Omaha, in middle America. The purpose: listen to the distilled thoughts of Warren Buffett and Charlie Munger. The occasion: Berkshire Hathaway's annual general meeting (AGM). This year, I, once again, joined hordes of investors to learn and re-learn lessons from the greatest investing minds of our times. 

Stocks vs other assets

While much changes in the nature of individual stocks and their underlying businesses, there are certain investment principles that remain timeless. As he has done time and again, Buffett began his address to the