Date: May 25th, 2018 5:34 PM
Author: cheese-eating office
He makes his billions on insanely complex tax arbitrage transactions in cooperation with cash funding from shady foreign PE firms like 3G.
Meanwhile the man has been publicly shaming the PE industry for the past 40 years and continues to do so.
And the best advice he has for retail investors is to just do "value investing." Thanks, Warren. I'll just buy low and sell high. Good strategy, bro.
Value investing as a "strategy" is 100% boomer flame that hasn't worked since the inefficient capital markets of the 1950's where Warren Buffet got his start.
HARSH TRUTH
(http://www.autoadmit.com/thread.php?thread_id=3986580&forum_id=2#36128134)