/biz/ - Business & Finance

>>24362725
Well the boomers/genx'ers also allowed the buying power of the USD to drop by 99% so they probably aren't actually the smartest generation....

>>24362774
>why do you think genx invented crypto millennigger?

buffet and his goons hold btc bet your left nut on it
they just dont say anything about it because he got too cocky in the past being a turboboomer and speaking in the public about shit he doesnt understand
hes too salty to admit that he missed the biggest investment of the century and hat to buy the bags of some drugdealing autists

Holyshit do you really believe crypto is some (((de-centralised))) safe haven kek. (((They))) control everything if you made gains its because they let you, so they could attract more idiots into the blockchain.

>>24363587
>>24362725

I fucking hate Warren. He's every stereotype of your entitled Boomer but on steroids because he was given everything by his daddy, did massive insider trading before any real investigations, and was dealing during the best economic timelines in our nation but he still presents himself as some God Tier Guru

>>24363903
so why do you think he completely missed btc and the crypto boom?
hes a fake person that got lucky and had everything gifted to him plus the massive insider trading
i continue to believe if buffet would start with 1k$ again but kept all his knowledge he would end up poorer than the pajeets on this board

crypto is just too extreme. a lot of people don't realize how much it still needs to go through in order to get somewhere and a lot of people don't realize how far it's already come. But nothing about BTC or crypto is safe, or a sure thing. Still majorly speculative and risky which is why they cannot talk about it. The only thing keeping it afloat is pure supply and demand, the price could go to nothing in the blink of an eye.

>>24363947
>so why do you think he completely missed btc and the crypto boom?

Because he's a pretentious old man who thought he knew more than his assistant fags when they brought it up to him back in 2011. He's not the only rich billionaire boomer who thought this way.

>>24364089
Furthermore said, I believe they do understand the value of it now and control the flow but feign skepticism so you and I can continue to buy

>>24363903

he outperformed the market consistently over a long period of time, if the market was good or not is not significant. It's about doing better than the market, good or bad.

>>24363903
Based.
Fuck Buffet

>>24364175
>he outperformed the market consistently over a long period of time

There's no denying this as it is true but he was also very lucky to do that during a time when the words insider trading in wall-street were no different than saying "Hello" and "Good Morning"

>>24364275
And this doesn't bother me or his other Boomer kikery. It's how he's painted as some self-made genius Billionaire by people because he only started with $1,000

>>24364335

it doesnt matter where he got his money from the point is his performance relative to the market.
if he used insider-trading or not is significant, is it confirmed he did or are you speculating?

>>24362725
>2020
>coiners think they're going to make it despite failing for a decade

>>24363903
This

Tired of hearing about this boomer fuck.

>>24364395
There's no way he got successful without taking advantage of the vulnerable system that was placed in his time. He also had something this generation has not. A dangling carrot.

Go ahead and bootlick to Billionaire fags if it makes you feel inclusive I guess.

>>24362725
is that p diddy in the back?

>>24364478

so you are speculating.
let me ask you this question, if anyone could insider trade during this times and beat the market easily then why is Buffet the legend, why don't we have 10.000 Buffets who easily beat the soft and vulnerable market?

>>24364589
Because there would have a Warren Buffet regardless if he was ever born or not. Don't you think he had competition? He only prevailed because of the chips already set for him.

>>24364667

that's your thesis but I haven't seen any evidence for it.

Did you know Buffets success is studied academically? He may or may not have used insider info but what he actually did do is discover some theoretical aspects of investing and asset price modelling that was unknown at the time but is well studied and understood today.

He discovered certain premiums and took advantage of them, later studies of the markets from it's inception to today shown that these premiums indeed give investors and edge.

>>24364815
>Did you know Buffets success is studied academically?

So is gender studies and other meme shit, your point?

>he actually did do is discover some theoretical aspects of investing and asset price modelling that was unknown at the time but is well studied and understood today.

uhh...no there were many uni economists in the early 60's that introduced capital asset pricing models. you're giving warren way too much credit for these professors' works

>He discovered certain premiums and took advantage of them

SO. DID. EVERYONE. ELSE

>later studies of the markets from it's inception to today shown that these premiums indeed give investors and edge.

well gee i didn't know hindsight was 20/20

>>24364175
He said his company has purchased 500 stocks over time and only 10 of them actually outperformed the S&P

What if he knows crypto’s not bullshit and he’s just FUDding?
Dunno why he would do that he’s old as fuck.

>>24365284

that's normal, only 2% of the S&P outperforms S&P.

I wonder why I'm spending my time arguing with people who have absolutely no clue about even the most basic shit.

I know their trading strategy.

>>24362725
*boomers

>>24363947
Yeh Well he’d be all in on General Motors against Tesla so course he’d be poor, his investment strategy doesn’t work anymore unless you’re already very wealthy

>>24365376

what this means is essentially that your few good picks is gonna determine your performance because almost all stocks suck ass compared to just holding S&P.
Even the stocks in S&P behave this way, most of them are garbage and very few deliver all the returns.

>>24364425
I’m up over 200x in 4 years, am I better then buffet? Yes. will I be up well over a 1000x before I die? Yes. Welcome to crypto faggots

>>24364478
So you have no evidence. Just envy.

>>24364815
there are plenty of people that outperformed buffet over the same timespan - but they didn't have the stack he did. he got memed as a genius. he's the fucking boomer equivalent of a youtube star where that success led to snowballing funds into berkshire. he's a MEME. get it through your thick skull, goy.

>>24365526
Guys like this >>24365022 will just accuse you of insider trading without evidence.

>>24365376
>>24365616
>>24365676

Prove me wrong then anons by becoming the next self made Warren Buffets!

Now go home and get your fucking kneepads

>>24365526
is your monies over 10 mil? should easily be with those numbers
if not, whats the point of small boi cuck investments that dont lead nowhere?

the one who has the most moni is the best investor prove me wrong
protip you cant

>>24362725
He started buying stocks in 1941. Even by the year 1952, less than 5% of Americans owned stocks.
Bonds were considered to be legit investments and stocks speculative gambling back then.
The Dow Jones (with dividend reinvested) is up 5000x USD since 1941.
Warren Buffett is basically the Roger Ver of stocks. An early adopter who got in at the beginning of one of the most insane 80-100 year bullruns the world has ever seen.
Bullruns don't last forever. US stocks have massively benefited from USD's status as the global reserve currency. Global reserve currency status lasts on average about 100 years.
The Warren Buffetts of the future will be crypto early adopters.

>>24363712
underrated post

>>24364463
lurk more, faggot

>>24363990
>350 billion in realized marketcap value will go to 0 any day now!

>>24366425
>The Warren Buffetts of the future will be crypto early adopters.

>>24366877
well it does require more money for it to reach its ath each time. Bitcoin could be out of gas this run and then when people realize it it'd be too late.
I mean most people are willing to throw in a few thousand or hundreds sure, but few are willing to risk their life savings on it.
It'd require 2 trillion to reach its projected 100,000 dollar valuation.

>>24363903
he's also gonna die with all his money not being able to spend it because of his retarded mindset and addiction to compound interest. theres literally no point for him in having the money he has

>>24366425
heh he started buying his first stocks at age 11.
i bought amazon at age 14 for $194

>>24366957
>his retarded mindset and addiction to compound interest. theres literally no point for him in having the money he has

>>24366942
There are many things wrong with your post, but I’m not even going to bother correcting you. You don’t understand asymmetric upside, or what the Fed has done in liquidity injections over the past 12 years. Then again I don’t blame nocoiners, they are simply fucking retarded.

>>24363947
>>24363903
based as fuck
>>24363587
and I bet my left nut as well that he might not be a whale but he def has some fat stacks

>>24363712
>(((They))) control everything if you made gains its because they let you
Don't give them too much credit. You're giving jews omnipotent god-like power. They bleed like any other vermin.

>>24367037
Well the price of gold is going down despite the fed printing. Seems like the US dollar is still the world's reserve currency.
>Asymmetric upside is an asymmetric payoff when the possible outcome of an investment strategy or decision has an upside potential is greater than the downside risk.
Are you sure the upside potential is greater than than the downside risk?

>>24363903
He also is a depopulationist like bill gates, but he gets away with it because of his grandpa boomer image. That faggot spends hundreds of millions on abortion and sterilization via gates foundation.

>>24367131
based
LebAnon here
I hate (((them))) as well especially after what they did to the area, but they ain't stopping motherfucking goddamn cryptocurrency
also, keynesian jews will get the rope

>>24366425
This is fair. For better or worse, when and where you’re born is your greatest factor of success in this world.

Does anyone have an explanation for his attitude on crypto or is it really just that he's an out of touch boomer?

>>24367141
I’m gonna put it very simply so everyone reading this can understand. Bitcoin has no top because fiat has no bottom. Gold is already at a 9,000,000,000,000 (trillion) market cap but does it have downside risk of crashing to 0? No? Then keep reading, reserve currencies don’t mean shit when you are actively engaging in communist fiscal policy, take a look at DXY

>>24364425
From $2 to $17.770 isn’t a fail little james

Buffett keeps buying BAC

>>24367253
too faithful to gold and in general a pussy

>>24368081

Bank Of America x XRP

>>24367192
Lowering population is the only way we can curb climate issues but it will also pop the debt bubble so billionaires are actually against it, numbnuts

>>24366994
You probably look like this, except old. Tell me one reason why old fucks like Buffet need huge amounts of money. He's old and clearly not interesting or worth anything, like most boomers with money.

>>24369529
Greed is good