An investor who is truly long-term can stop worrying just about everything that doesn’t affect corporate returns. : Perspective Interpretation of the news based on evidence, including data, as well as anticipating how events might unfold based on past events In fine juxtaposition, Berkshire Hathaway and university endowments have reported results. Berkshire, the holding company run by Warren Buffett, and American colleges, both are quintessential long-term investors, at least in theory. But Buffett easily outdistanced investors in Academia. And yes, there are several good lessons for the individual investor.