your thoughts on Warren's rules for success?
Your thoughts on Warren's rules for success?
Other urls found in this thread:
youtube.com
youtube.com
twitter.com
Where is ‘Buy Bitcoin’ on the list?
reading is for faggots
Perhaps a bit obvious advice, but can't say I disagree with any of it.
11. Drink monster zero
The man buys phenomenal existing companies with the float from his insurance company; then, he squeezes the shit out of them, by increasing prices, slashing costs, and outsourcing as much production as legally possible.
There's absolutely NO magic behind his methods. He's just the world's foremost takeover artist with billions of dollars in investment capital through the regulatory capture of being the Government Employees Insurance COmpany (his "moat" is a government sanctioned monopoly).
better to have him as the face of the us stock market than (((them))) dont u think?
Yeah, Warren Buffet is a RUTHLESS businessman and makes his money via opportunities most investors wouldn't ever have. Whenever you see him give wholesome advice, just know he's putting on the wise approachable grandpa facade and not giving the full story to how you achieve wealth like he did.
This
"Look goy, he's just like you! and you can be just like him someday as long as you follow (((the rules))) and never stop buying into blue-chip american corporations long past their era of parabolic growth!"
Buffet is actually how I base my crypto investing; very solid ideas
It’s far better to buy a wonderful asset at a fair price, then to buy a fair asset at a wonderful price.
Pretty much why I have most of my holdings in BAT LINK and BNB, no complaints so far
drink coca cola cherry and eat breakfast at mcdonalds each day. both your favorite stocks past 50 years ofcourse
buffet made most of his early millions running hedge funds and getting fees, not from investing or "stock picking" :D
>Model success
What did he mean by this?
The competing line is also a bit vague. I'd like to find that doing new things that nobody has done is fun and cool and can be rewarding - but it's not competing if you're spearheading it.
Warren isn't a passive investor. He either takes control of companies outright or buys a big enough shares to bully the board into raising prices, pushing aggressively into new markets, and slashing costs by half. His version of "a bargain stock" is a company he can do all three with.
You can't do this with crypto at all, even if you were a trillionaire, because crypto doesn't have revenue, the costs of mining are beyond reasonable control, and they're already available everywhere the unfiltered internet goes.
good thread
Decent list, but he can literally make whatever call he wants on behalf of Berkshire and get what he wants. Don't know if his list really leads to success in the present.
>just be yourself
what does schedule for your personality mean?
11. Buy Rheinmetall AG stocks just to feel comfy.
real 10 rules to success;
1)read
2)save every little money you can, unless you can get a small loan of $1m from dad
3)calculate your chances
4)start small, fail small
5)crush your competition by any means necessary.
6)It's not a crime unless you get caught doing it.
7)cheat/overcharge/trick your costumers as much as you can.
8)Try to take advantage of as many people as you can.
9)Make your employees work until they are broken.
10)Don't be a normie
He is a famously hands-off investor and everything you said is a load of shite.
>Random broke user from biz's life advice
Uh thanks I'm ok
Biz Vlogs is that you?
youtube.com
Based shite poster
>1. Find your passion
Still literally stuck on that one as a 30 year old boomer lol. Also what if your passion doesn't make any money?
are audio books considered reading?
1. *BRAP*
2. *BRAP*
3. *BRAP*
4. *BRAP*
5. *BRAP*
6. *BRAP*
7. *BRAP*
8. *BRAP*
9. *BRAP*
10. *BRAP*
Better advice.
Is "Never making it" your life motto?
warren buffet is a fag
There are no Warren Buffets in Somolia. There are no Warren Buffets in Ethiopia. Ergo, Warren Buffet is simply a by-product of a concentration of wealth in the American Golden Age.
Following those 10 rules in the image won't make you Warren Buffet. Nothing short of going back in time to 1940 USA and being born with rich parents in a stable household, with a passion for investing, is going to get you anywhere near his level.
There is absolutely no distinction between Warren Buffet and someone who bought BTC at $1 and held until now. Both the US economy and Bitcoin is a bubble, and only the luckiest actors actually benefited from either one of those to a great extent.
>There are no Warren Buffets in Somolia. There are no Warren Buffets in Ethiopia. Ergo, Warren Buffet is simply a by-product of a concentration of wealth in the American Golden Age.
Lmao you say this like he doesn't admit it. In fact that is something that he states over and over in his public appearances.
11. Eat dat rothschild bootyhole
Antiquated. Capitalism is an outdated system that will go away in our lifetimes.
11. Have a dad in congress
Senile geezer that needs to die already
Wrong. You're an idiot.
This. Survivorship bias
ROBINHOOD IS LITERALLY A SCAM BY PAJEETS!
Where's >buy high, short low?