Warren Buffett's investment advice
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All Comments (47)
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I believe he tells us how to be safe and make some money...and not to bet the farm on a risky choice that could lead to disaster.
If he did tell us how to risk it; we would all run out and prove him right...(G)
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I havnt ever invested a dime in my life but I'll tell you a strategy that will work. The world is a competition. Think back to the days you had to pick teams for football, soccer, volley ball whatever. You pick the people you think will do best for your team. Theres no guarantee that the 300 pound guy will get a touchdown, but the probability is so high that you would be dumb to not pick the guy. Its all relative to what is available, business is the same.. research before you pick!
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I havnt ever invested a dime in my life but I'll tell you a strategy that will work. The world is a competition. Think back to the days you had to pick teams for football, soccer, volley ball whatever. You pick the people you think will do best for your team. Theres no guarantee that the 300 pound guy will get a touchdown, but the probability is so high that you would be dumb to not pick the guy. Its all relative to what is available, business is the same.. research before you pick!
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I havn't ever invested a dime in my life but I'll tell you a strategy that will work.. The world is a competition. Think back to the days you had to pick teams for football, soccer, volley ball whatever. You pick the people you think will do best for your team. Theres no guarantee that the 300 pound guy will get a touchdown, but the probability is so high that you would be dumb to not pick the guy. Its all relative to what is available, business is the same.. research before you pick!
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@CraneStBlues While I agree with you for most public figures, I don't think this applies to buffet who is giving most of his wealth away over the next few decades. I really doubt he has anything to gain by purposefully spreading false advice.
Warren Buffet is to investments what Michael Jordan was to Basketball.
Boogers4dinner 2 years ago 26
@riddler03
In general Buffett WAS known for compounding his fund's initial money at a rate of about 27 % along 40 years.
That would be a factor of 14,195.Now,as you said, let's assume he "lost" half of its final value in a final "bad year".
That would be a factor twice as low (14195/2=7097).Now because his long track record (about) of 40 years,
his compound annual growth rate (cagr) would be still a remarcable cagr = 24,82 %.This is because his "loss" would be spread over 40 years.
dalsenov 6 months ago