Was it all luck?

Short it, it will probably dump soon when his next worth will be his fucking coffin

if warren buffet would be young today, he would invest it all in tron

bitch, interviews with the guys SAY ITS LUCK
all VALUE INVESTORS admit it luck

say uneducated

becoming a billionaire from scratch is pure luck.
becoming financially independendent (with maybe a few million) at 40 is hard work and smarts.

>and there's no intrinsic reason why fundamentals of a company
In the short term but in the long term, if the company assets is worth exactly as the stock, the earnings is extremely high, high dividend why wouldn't anybody want it?

All you have to look at is companies history and do your own due diligence. Also companies are obliged to shit because a lot of CEO's net worth is stocks, the entire boards networth is in stocks otherwise they won't be in the board.

> there's no intrinsic reason why fundamentals of a company should correlate with the price of its stocks
lol

>there's no intrinsic reason why fundamentals of a company should correlate with the price of its stocks

imagine being this retarded

>Was it all luck?
Buffet is the modern JP Morgan, when Morgan died he did not own fuck all...he was just a front man for the Rockafellas/Rothchilds

All these old rich boomers think that they created their own success but if you had the money Warren had in the 70s its almost impossible to not be a billionaire by now

He does buy low and sell high though. He buys when people are panicking about a strong company. Then he holds for decades or years.

He literally has teams of analysts who look at fundamentals for him and analysts to perform TA so that he picks good entry/exit points. When you have as much money as him you are forced to have a diverse portfolio and you need team members to help you identify so many companies.

Attached: 1526350678235.jpg (500x375, 34K)

self fulfilling prophecy. anything he buys becomes a hot item as soon as he buys it.

He got bailed out by the govt in 2008 you peanut brain. He bought insurance companies then used the float to buy private businesses. This exposed all businesses under his umbrella to massive losses in the last crisis and the govt had to save him or he would have gone bankrupt. He’s a fraud. At this point BRK has so much cash on hand I doubt he will need a bailout next time

Warren Buffet was the first and only non-jew that legendary value investor Ben Graham ever hired. It’s luck in the sense he was allowed to become the token goy of Omaha

you can call him lucky for being one of the first people to be exposed to, and take advantage of value investing. by the time everybody else caught up he had enough of a head start to snowball his success

>he drinks the jewish look-aid
KYS

Boomer born before all the big bull runs.
You could have bought any of the big companies back then and be a millionaire now

If u invested in Coca-Cola 50 years a go you would be rich, Wells Fargo, pretty much any bank right now, tech companies etc.

He bought companies with good value that he could see were used by a large portion of Americans, that’s about it.
He looked around him and bought the companies other people needed or used.

>buy whatever big company that makes a product widely used
>invest a large amount of money
>wait 50 years
>?????
>manipulate the market and shill
>profit!

Theres absolute NO correlation between the fundamentals of a company and future value of stocks. Pic related shows a correlation of 0.11 between owners earnings and close price between 2008 - 2018 for 3749 US stocks excluding banks and investment trusts.

Buffet got rich out of insider trading and backdoor deals. Its as simple as that.

Attached: muh fundemental analysis.jpg (3216x2461, 2.32M)

This. He was born at right time for insurance to take off and become a government enforced monopoly.

So your saying he's an insider's insider?

Attached: addie.jpg (285x180, 9K)

So all 86 year olds that have bought stocks should be billionaires. You are dumb as shit.

They would if they were rich. Just another case of the rich getting richer.

Only those that had 500k to invest and made a career out of it.
It obviously wasn’t all luck, but he is not genius, he didn’t buy Facebook and called most tech companies rubbish, yet Apple became the first company to break 1trillion and FANG has higher marketcap than the rest of the market combined.

What sort of godlike investor completely disregard the greatest investment opportunity possibly in history and still makes it?

All he did is getting at the BOTTOM of the stock market and never sell.

Just like all Bitcoin whales did is getting at the bottom of Bitcoin and never selling.

Attached: pp.jpg (250x237, 7K)

>fundamental analcist can be boiled down into one metric

You just described why life is a scam.

The dumb fuck will miss on the biggest bull run in history (bitcoin) too. He proves he's just another boomer. If you are bright then you are bright to see things like bitcoin.

I can show you more graphs debunking fundamental analysis if you want? ;^)

>What sort of godlike investor completely disregard the greatest investment opportunity possibly in history and still makes it?

Not once, but twice. he is a no-linker, remember?

show me low debt + low PE ratio vs long term price

These are copes from strong EMH retards wanting "muh free market" to be perfectly efficient. This is the same logic that makes men worse at investing compared to women by using "risk-adjusted" returns instead of just returns.

I’ll run my program and get back to you within an hour. Bit busy now

I will be a multi millionaire from Link and I barely understand anything to do with investing.

they would have made 10000% gains on what they put in thats true

Just as an addendum, the guy has a photographic memory and can recite the balance sheet of every company on the stock exchange. He knows every company better than the CEOs of the companies. What a wild fucking coincidence, huh? DUURRR LUCK.

the guys a fucking literal autist who drinks 25 cans of coke a day

>He does buy low and sell high though. He buys when people are panicking about a strong company. Then he holds for decades or years.
He buys due to Valuation. He is a value investor. He happens to buy when people are panicing because that's when the value of the company becomes good.

>He literally has teams of analysts who look at fundamentals
He got to this point because of value investing. TA don't out perform the market over the long run and he knows that because he has said numerous times.

>He got bailed out
No. He was actually one of the people who didn't need bailout because he thought 2008 valuations of stocks were too high. He was investing in bonds because they gave a better return. It played out well for it.

the best part is that you actually think that

why are all stinkies so delusional?

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This is just a myth for brain dead normies. All that sugar would have killed him by now. He just perpetuates the coke meme because he owns a percentage of Coca Cola and obviously has a vested interest in seeing it succeed

no, he actually does drink 43 cans of cherry coke a day. look it up.

>be of age just as the stock market crashed in the 1920s
>be from a rich family
>invest at the bottom of a bubble crash, and buy slowly on the way up
>entire economy of the world goes from massive recovery
>benefit from buying the bottom with parents money and holding the entire time. never have to worry about selling the top.

Why is he worshiped? i never fucking understood the bullshit. he literally bought the bottom and just held.

>be born in middle of nowhere 6 months after biggest stock market crash in history
>dad owns a fuck ton of farm land with good access to growing markets like Chicago and St. Loius
>Dad becomes rich because people still need to eat
>dad uses money to invest and become government man
>dad has to travel to East Coast a ton so buying more stock
>dad start buying stocks in sons name for long term hodl with less taxes
>dad influences government to make these profits less taxes
>but also dad turns down higher government pay because not a hypocrite
>lazy fucking boomer son continues to hodl almost never selling for profit or making deals
>lazy fucking boomer son just sits there and watches money grow with the US economy for entire life
>only acquires safe assets
>doesn't contribute to economy, technology, knowledge at all
>never even uses it to bang movie stars
>mfw people call this guy a genius and suck hsi dick all day long for "stock tips"

Attached: afds.jpg (275x183, 6K)

>dude has a rare, unusualy photographic memory
>totally not luck guise

how important is remembering spreadsheets when you can just look them up really easy

Ask him

What is luck even? If you were a retard(or just not informed yet) during the booms, then you weren't gonna make money anyway. There are 3 things needed for luck: being at the right place, at the right time and with the right knowledge and also right amount of capital. That's literally it.

If you knew about Facebook/Google ads and shopify back in 2011 you could've made some serious money selling stuff, just because you were at the right place at the right time with the right knowledge. Same goes with Bitcoin, ETH(LINK now?) Stock market, recessions, trends, new industries(industrial revolution, internet etc).

There will 100% be money making opportunities in the future, you just gotta make sure you are prepared when the time comes.

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if you really deliver that would be great
am have tons of "fundamental" metrics can give you, VE to market cap would be next one !

Here you go.

As you can see, low debt/equity (

Attached: Close price corr with low debt-equity and low PE conditions USA 2008-2018.jpg (3216x2461, 1.23M)

He's about as lucky as a top poker player.

Unlike the rest of us, he folds strong hands but when he has a large margin of safety in an investment he pushes his advantage.

People attributing his success to luck are mostly coping wagecucks.

Sure there is a luck element to it, there's no denying that, but if he was put in someone else's body with $0 to his name and the knowledge he has now, he could become a $1M in

what is this even? PE ratio is only useful comparing similar companies in the same time period. what are all these dots supposed to represent? where's the timeline? do you have any idea what you're doing?
and you can't not source your data while you're claiming bias.

>what are all these dots supposed to represent?

do you even know how to read graphs lol?

warren buffet is a fucking idiot
he thinks drinking coca cola is fine because kids drink it and thinks he'll live long if he eats like a six year old

fortune.com/2015/02/25/warren-buffett-diet-coke/

what has this fossil ever created or invented in his 84 years on this planet? he really should not be a household name
nobody will be talking about him 10 years after he passes

he didn't even think the internet would be important, and still doesn't understand bitcoin

How many of those people in academia are super rich? Not many I'd imagine.

He made a few lucky trades early on and then became a celebrity as being the Oracle. Once he became a celebrity then all he has to do is buy a stock and then everyone else gets word of it and pumps it. Also, he gets special deals and preferred stock which means he's guaranteed to make returns, all because he is a celebrity.

Anyone can make and save 100k.

Anything to do with investing is mostly luck, so what do you think?

what the fuck is this guy plotting? correlation of closing price with what? correlation of owner's earnings with what?

Not that you even have the faintest clue of what survivorship bias even means...

But you need money to make money. The more you have, the more you make as compound interest sets in.

Warren Buffet started out with $105k, which wasn't even his money to begin with since they were all just loans given to him for his investment firm.

Not many academics even have that kind of money unless they have a trust fund in their name.

>babyys first attempt at correlation

Attached: correlation.jpg (570x352, 44K)

I work in academia and professors make plenty. Certainly enough to save up 105k. Obviously you'll make more starting off with that money, but within a lifetime anybody should be able to make a couple million if they set their mind to it.

This is a cute euphemism for pact with the devil

>but within a lifetime anybody should be able to make a couple million if they set their mind to it.
not by working in academia they dont
robert kiyosaki is right

That's why you become a public intellectual and make money that way

Right, you'll need to save and invest.

Jesus christ, maybe he didnt take statistics you mouth breathing faggot

>baby's first attempt at charting at not saying what the fuck he's plotting
ur y-axis says it's correlation, which would make since since it's limited to [-1, 1]

but what the fuck does that number mean? correlation between closing price and what?

if y-axis is corr b/t closing price and closing price all the points should have y = 1

u do know what correlation is, right?

ur chart is garbage rip

Jesus Christ. That absolute statement of pajeet education

>Becoming a billionaire from scratch is pure luck
>The intermediary step to the above somehow requires hard work and smarts

Go back to shilling shitcoins.

kek
>implying me dont do own analsis
not bad, I'll look into your chart and see for self

just looked it up.
He drinks 5 cans a day (normal cola and cherry flavour)

HOW DARE YOU INSULT BUFFETT-SAMA
DELETE THIS IMMEDIATELY

>he believes Buffet’s propaganda about drinking cola, eating dilly bars to live to 90.

Wow

He was bailed out by the govt pajeet

Wow you are a FAGGOT listening to warren Buffett’s propaganda campaign. 100% of Billionaires wage PR campaigns so people will accept their ill gotten wealth

Warren Buffet is a token non-jew defending the jewish world order. He is a traitor to all Americans. His fortune is based on taking risk with insurance balance sheets and eventually getting bailed out by the govt. He is a fraud

It's part luck for sure

Buffet admits himself that his partner Charlie munger made better decisions even though he has considerably less

kys

He made a good bet on Coca Cola but has been wrong about most shit

He also owns a trailer park empire. Fucking hypocrite

Buffet was the proto-boomer, he's admitted multiple times how most of his success was due to luck. All of you copers who still want to cling to the delusion of hard work, take a look at this absolute unit.
wikipedia.org/wiki/Timothy_Dexter

Attached: Timothy_Dexter.jpg (335x400, 29K)

The conqueror worm will still come for him

>all this millennial salt cope itt

based Buffett, he's just smarter than you deal with it

lol funny guy

UNDER
RATED
POST

>Drinks Coke every day
>Still healthy at 84
Yeah, he's lucky.

>but has been wrong about most shit
Like?

Buffet and Charlie started with literally nothing.
Through intelligence and hardwork they created the Berkshire Empire, and made billions through that

He is the most BASED man alive and only pajeets here hate him

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jesus, what a legend. i hope i live a life half as great.

but yeah, from what I understand about buffet is that he takes the long game and invested in low P/E projects with strong fundamentals that payed dividends.

I don't know his history or blunders cause I don't care that much, but I guess there's something to be said about the long game. I'll be entering that if crypto pays off and I have enough starting capital to make 5% annual returns worth while.

Even when he said "three standard deviations" I still didn't get it. What is the meaning of three standard deviations in this context?

>he started telling visitors that his wife had died (despite the fact that she was still alive) and that the woman who frequented the building was simply her ghost.

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>actually thinking Buffet doesn't drink 50 cans of coke a day