His investing genius cannot be denied....but one thing that distinguishes WB from other retails investors is his ability to get on the board of the companies which he invests....just think it over... albeit it does not mean he is not cos his ability to pick stock is impeccable. more than 15 of his stocks/investments have quadrupled and many of which he still holds....
how do you sit around and read an annual report of a Chinese company in 2002, and say WOW - great company, lets buy 500 million USD worth of their stock?
The reason why stock went up 800% is because they were building huge reserves and price of oil per barrel went from $25 when Warren purchased their shares to $100 when he sold the shares. The value of the current assets went up by 400% alone. Warren couldn't know this - so, did he speculate? This man does things we do not have answers to???
His investing genius cannot be denied....but one thing that distinguishes WB from other retails investors is his ability to get on the board of the companies which he invests....just think it over... albeit it does not mean he is not cos his ability to pick stock is impeccable. more than 15 of his stocks/investments have quadrupled and many of which he still holds....
hemmu23 1 month ago
@borderlord "the other guys read playboy, i read annual reports"
Shekeib 2 months ago
anyone has a good link to warren buffett?
1PeaceNation 2 months ago
idiots: You wanna know Warren Buffetts secret? Common sense and taking the time to read anything + intelligence, something most of you don't have..
TheMRMProductions 7 months ago
@49fiori hmm so he is basically talking shit to hide his secrets?
kodar1994 8 months ago
how do you sit around and read an annual report of a Chinese company in 2002, and say WOW - great company, lets buy 500 million USD worth of their stock?
The reason why stock went up 800% is because they were building huge reserves and price of oil per barrel went from $25 when Warren purchased their shares to $100 when he sold the shares. The value of the current assets went up by 400% alone. Warren couldn't know this - so, did he speculate? This man does things we do not have answers to???
49fiori 10 months ago
Great legs...the chick that is..
borderlord 1 year ago