stock doesn't know you own it - Warren Buffett
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@orangesquish He didn't say buy just any random stock that goes down. The implicit assumption is being able to value companies. He did say that people who can't do that (which evidently is most people) should buy an index fund.
anon69 1 year ago
So a stock goes down in price. You buy it, as a bargain. The price fails further, for the same reasons. Eventually the company is sold at a fire sale price. You lose big time. Warren given some the hokeyest advice I've ever heard
orangesquish 2 years ago
$58 billion
MySplasher 2 years ago
This man is a genius, and yet so down to earth. I've got no problem with him owning $58 billion. He's earned it.
trinisexgod 3 years ago
How true ...
flintsword 3 years ago