Day Trader Called Buffett An Idiot

Discussion in 'Wall St. News' started by ironchef, Jun 10, 2020.

  1. ironchef

    ironchef

    https://www.marketwatch.com/story/w...s-the-easiest-game-ive-ever-played-2020-06-09

    This is what he said:
    Imagine, he made $300,000 day trading and thought he was printing money and Buffett an idiot. :vomit:

    I am waiting to count his billion at the end of 2020.
     
    yc47ib and Nobert like this.
  2. Cuddles

    Cuddles

  3. gaussian

    gaussian

    A living effigy of the gambler's fallacy.
     
  4. Buffet has billions. He has to be an investor, meaning buying stocks at all time lows preferably and wait it out.
    The smaller capital you have the more efficient it is to daytrade, while midsize is swing trading. You can't daytrade with billions. This guy is a certified idiot.
     
    padutrader likes this.
  5. Nobert

    Nobert

    1 mil seconds is 12 days (?)
    1 Bil seconds is 32 years.
    (The difference between millionaire and billionaire)
    That guy is off by a factor of .00003 (?)
     
    Last edited: Jun 10, 2020
    ironchef likes this.
  6. guru

    guru

    That guy is a comedian. One day he announces he’s lost most of his money, another day that he’s made the $300k, while trolling everyone along the way, and poking fun at traders and investors alike.
    I like him actually.
     
    ironchef, Cuddles and Nobert like this.
  7. zdreg

    zdreg

  8. Real Money

    Real Money

    Warren measures profits with a B, that guy can only dream.
     
  9. Opcodes

    Opcodes

    buffet is overrated
     
    Amun Ra and Trader Curt like this.
  10. Cuddles

    Cuddles

    i tried explaining,....no point really
     
    #10     Jun 10, 2020
    guru likes this.