Buffet is such a moron

Discussion in 'Wall St. News' started by newwurldmn, Mar 7, 2022.

  1. newwurldmn

    newwurldmn

    The bozo's stock is only up 7% while the SPX is down 12% ytd and his performance is inline with QQQ since pre-covid.
     
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  2. zghorner

    zghorner

    [​IMG]
     
    murray t turtle likes this.
  3. %%
    LOL Actually he warned investors years ago he most likely would not do as well as he had in the past.I believed him\ most of his investors did not/LOL:D:D
     
  4. newwurldmn

    newwurldmn

    he specifically referred to CDO’s. Not calls and puts.
     
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  5. He has been raising cash for a while.Im sure will put it to work while the market is melting down!
     
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  6. zghorner

    zghorner

    I really don’t care what he does…he’s a supreme tier OG.
     
  7. Nobert

    Nobert

    Heven't met a moron yet, who at some point, gave 50% of his net worth to a charity.

    When you think of it, we give the credit for making the money, but zero for sharing it (or, way less). Not in all cases tho, Oskar Schindler for e.g,

    Maybe that's why he said once -
    Reporter :
    ,,- Mr. Buffet, what was the greatest thing that you had out of money ?
    - The ability to choose the people, that you associate with. That you spend your time with"


    Musk has this, - ,,No ashole policy", where they check on you, if you're not an ashole manager.
    ,,Nobody wants to come to a job, when you know that your team leader is a tyron"

    There's probably more of such examples. And being a ,,non-ashole", takes more discipline than being one.
    Especially if you're in a position of power.

    Maybe, the best ,,rational way", if you can't resist being one, would be the structure that Dalio has build in Bridge Waters.

    The moment when you catch yourself behaving in such way & realize, that ,,No. This is wrong", and if, there's such realization, then it's okay ;
    one can work with that.
    But if you're feeling no regret afterwards & even, enjoy those moments, that's becoming dangerous.

    Maybe Dalio cought himself in such position (he was making fun of himself, when he was checking some old videos, where he was young & arrogant).
    Maybe then he was like , -
    ,,I need a solution for this"
    And he looked quite ashamed of himself, back then.

    Like the saying, ,,If you're not ashamed of yourself, from 10 years ago, then you made no progress"

    In case you're wondering , - ,,Da**q he's talking about", it's just a random thinking-out-loud, after reading some posts of others.
     
    Last edited: Mar 7, 2022
  8. maxinger

    maxinger

    Buffet probably say :

    " xxx is such a moron. "
     
  9. KCalhoun

    KCalhoun

    If I could have a fraction of Buffet's wisdom I would be thrilled.
     
  10. MarkBrown

    MarkBrown

    buffet is an american oligarch - a money launderer for government officials who steal taxpayers money.
     
    #10     Mar 7, 2022
    smallfil likes this.