How does Buffett do it?

Discussion in 'Trading' started by stockeroo, Jun 18, 2010.

  1. the1

    the1

    This is exactly the reason. If you put Buffett's holdings in a mutual fund format he will consistently under-perform the S&P. He will go down as the greatest investor of all time but his legacy should be the greatest businessman of all time. He isn't much better at investing than any other investment manager managing a mutual fund who happens to do fairly well.

     
    #41     Jun 19, 2010
  2. volente_00

    volente_00

    I agree. Wealth can become a sickness if one is not careful.
     
    #42     Jun 19, 2010
  3. volente_00

    volente_00


    Good book but Getty was born into wealth and made most of his fortune from oil.
     
    #43     Jun 19, 2010
  4. SunTrader

    SunTrader

    You are right.

    You implied that someone could return 27% per week.

    My mistake, using your example and the amounts previously stated you imply it could be done in 30 weeks.

    :eek:

    There is no other assumption one can make from this. That 27% return weekly consistantly starting with the same balance would get you the same end result.

    Want to try again.
     
    #44     Jun 19, 2010