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Warren Buffet is Proto-Boomer and his Investment Advice is 60 years out of date
| nudist excitant trust fund | 05/25/18 |
| Mauve casino windowlicker | 05/25/18 |
Poast new message in this thread
Date: May 25th, 2018 5:34 PM Author: nudist excitant trust fund 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 |
Date: May 25th, 2018 5:37 PM Author: Mauve casino windowlicker i don't actually know if this is true but always felt his public company positions were shit (the ones where he tried those complex tax moves to offset the inherent tax inefficiency of a c-corp owning a small stake in another c-corp) but his private companies like Geico, Gen re and Burlington were super homeruns. (http://www.autoadmit.com/thread.php?thread_id=3986580&forum_id=2#36128157) |