Earlier this week, Bill Gross continued his streak of bold statements. This time, he claimed he was looking in the mirror and questioning if he should be considered a great investor. Gross is famous for his colorful commentary, but the bond king even went so far as to question the aptitude of greats like Warren Buffett.
In this video, Motley Fool financials analyst David Hanson reminds investors that they can still be successful investors if certain principles are followed -- and discusses why Mr. Gross may be way off base.
Thanks to the savvy of investing legend Warren Buffett, Berkshire Hathaway's book value per share has grown a mind-blowing 586,817% over the past 48 years. But with Buffett aging and Berkshire rapidly evolving, is this insurance conglomerate still a buy today? In The Motley Fool's premium report on the company, Berkshire expert Joe Magyer provides investors with key reasons to buy as well as important risks to watch out for. Click here now for instant access to Joe's take on Berkshire!