The modern investment industry is built on the idea that constant action equals better intelligence. More trades. More commentary. More “positioning.” Berkshire Hathaway (BRK.B) (BRK.A) rejected that premise entirely, and over decades turned restraint into one of the most powerful advantages in investing. Wall Street rewards motion. Fund managers are expected to trade, rebalance, and react, often not because it improves results, but because it signals effort. In that environment, sitting still can look i ...