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/biz/ - Business & Finance


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File: 47 KB, 637x635, warren-buffett-net-worth-over-time.jpg [View same] [iqdb] [saucenao] [google]
16127219 No.16127219 [Reply] [Original]

What is his secret ?

luck / skill ?

>> No.16127228

bump

>> No.16127231

He combs his artificial hair using a cheap haircombs.

>> No.16127242

>>16127219
patience

>> No.16127257

>>16127219
He largely involved in finance during very inefficient times. He was at the right place and right time. What distinguishes him from others during that time was that he worked hard at it more than others. Just like all those ppl who were "late" to crypto in 2017 and still made more money than people who got in 2016.

But Warren also became crooked as he got involved in politics. He bought out bankrupt companies and asked for the government to bail them out. Look up Wells Fargo and look at what he's been pushing the past couple years and you'll see how devious he got when times got a lot harder to make money using his old model.

>> No.16127266

bump

>> No.16127267

>>16127219
I remember hearing his answer to the question "how did you get so rich?"

"I kept selling too early"

Given how many times I almost got to $1MM and then back to 5 digits in crypto I wish I had his resolve.

>> No.16127276

>>16127219
He bought BSV

>> No.16127283

>>16127219
>be boomer
>inherit millions from your dad
>invest in mainstream stocks (mcdonalds, dairy queen etc)
>be a billionaire and give yourself the nickname Oracle

>> No.16127288

>>16127219
Insiders info and nothing else

>> No.16127289
File: 93 KB, 900x675, 1561246409247.jpg [View same] [iqdb] [saucenao] [google]
16127289

>>16127267
That really makes me think

>> No.16127291

>>16127257
so basically he just got lucky and is not that smart ?

WF never got bailed out no ?

>> No.16127298

>>16127291
You need a bit of luck also in life anon and no he isn't brilliant he inherits insiders info from companies and does what is "right" and that's it

>> No.16127310

BUMP

>> No.16127335

I'm wealthier than he was at 26.

>> No.16127732

>>16127219
>>16127242

>> No.16127743

>>16127219
Time.

>> No.16127754

>>16127219

crony capitalism?

free money from the bank to invest?

>> No.16127800

>>16127335
Not adjusted for inflation you're not.

>> No.16127806

>>16127219
>took him 5 years to go from 20k to 140k
most people here would call him a loser faggot for being so slow, kek

>> No.16127854

>>16127806
where are all the chainlink millionaires anyway?

you'd think some of the guys who threw 20k on link earlier this year would be posting regular brags

>> No.16127896

>>16127854
Link is perfectly volatile. It's just volatile enough to shake out anyone with any degree of skepticism. It's only been few months that LINK has really confirmed its promises.

>> No.16127904

>>16127896
this. plenty of /biz/ posters bought lots of link for the meme, but most of them sold along the way

>> No.16127907

>>16127242
honestly this, hes been at investing for 70+ years, you better be rich by then. also berkshire is structured in a way that gives him exponential returns, greater than true returns

>> No.16128077
File: 34 KB, 321x340, 1566657614660.jpg [View same] [iqdb] [saucenao] [google]
16128077

>>16127800
I have 3x more than he had at 26. Yes, I am wealthier than he was at 26.

>> No.16128228

>>16128077
No you’re not. He was a millionaire.

>> No.16128230

>>16128077
wow ok dude. nobody cares

>> No.16128233

>>16127219
Margin trading.
prime-xbt.net

>> No.16128248

>>16128230
This. Never (you) tripfags, newfag

>> No.16128260
File: 59 KB, 1373x833, 1545414980081.png [View same] [iqdb] [saucenao] [google]
16128260

>itt people not understanding compound interest is exponential

>> No.16128315

>>16128228
no he had 140,000$
I have 400,000$

>> No.16128326
File: 157 KB, 699x641, 1571549598819.jpg [View same] [iqdb] [saucenao] [google]
16128326

>>16127219
looks like a paraboli bubble bro, where can i short Warren Buffets wealth?

>> No.16128329

crypto-jew, they all get insider info from their already established (((cousins)))

>> No.16128792

>>16127219
He collected bottle caps that are now worth a fortune.>>16128077
You have to adjust for inflammation

>> No.16128808

>>16127219
once you get a certain amount of money it get easier to obtain more

>> No.16129072

bump

>> No.16129111

>>16127219
He's a cheap jew

>> No.16129114

>>16128077
https://www.dollartimes.com/inflation/inflation.php?amount=150000&year=1956

No, you're not
also your math is wrong

>> No.16129869

>>16128315
Adjust for infliation

>> No.16130002

>>16128077

Who the fuck are you anyway? Another tripcode wearing nigger faggot. Please you have to leave.

>> No.16130024

>>16127219
He's going to die any time now. What do with all that money anyway?