/biz/ - Business & Finance

value investing using his ability to look directly at company's proprietary books, indirect leverage through large derivatives positions, investing in dogecoins, etc.

blowing dudes in nightclubs

He is more precise in valueing prices than 99% of people.

what big companies did he invest in?

>>109753
He made his fortune in Geiko. Or was it Aflac?

Some shitty governmental health insurance company.

>>109762
it was aflac

berkshire was already killing it before Aflac though

He wrote an amazing sounds about indulging into a cheese Burger in Paradise.

He founded a lousy novelty restaurant chain named after a terrible song.

exploiting the proletariat

>>109719
>Jimmy

because people like his music

Why can't I ever go on vacation to the beach without hearing at least one Jimmy Buffet song? Surely even the beach bums would get tired of that shit eventually.

>>109769
>>109788
winners

>>109768
It was Geico, which originally stood for Goverment Employees Insurance Company. It was a pretty smart investment, government employees have stable jobs/lifestyles and tend to be good insurance customers.

>>109719
I like buffet, seems like a cool guy.

I really like the work his son does.

>>109719
>Buffet

He made them, everybody eats in a buffet from time to time..

Your turn.

>2014
>investing in Berkshire Hathaway

muhsides.gif

>>110334
timeframes matter

>>110363
>timeframes matter

Buffet badly underperformed in 2009 (-20%), underperformed in 2011 (-5%), and has eeked out small wins in 2012 and 2013 that even Warren himself called "subpar." He's behind the S&P on a 5-year chart.

That's a lot of fucking fees collected to underperform an index over 5 years. His best days are behind him

>>110469

Apple underperformed X in the year Y

You think somebody gives a fuck who held the shares since 2004?

>>109719
LeL

>>110334
Your statement was so stupid that I had to create my reply' own thread.
>>112807

>>110363

I bet it would look even better if you went back another 10 years. He was wise enought to never fuck with any of the .com shit in the 90s.

>>109732
4chan.org

Jesus christ. A disturbingly low percentage of this thread didn't notice:
> Jimmy

>>116443
>ruining the joke

alright guys /biz/ is closed for the weekend go him to your kids

>>116443

Some people arent trolled as easily as you are newfag

>>109719
intelligent effort

>Warren Buffett will die in your lifetime

He done did pretty good for a goy