/biz/ - Business & Finance

[Anonymous No.11992260]

Rat poison squared

[Anonymous No.11993296]

Apologize!

The bitcorn ponzi is collapsing.

[Anonymous No.11993312]

b-b-but i thought he didnt understand the underlining technology!

[Anonymous No.11993422]

>>11992260
didn't this guy make most of his money through insider trading and bribing politicians?

[Anonymous No.11993524]

>>11993422
no he just did value investing back at a time when it actually worked. Also he is super patient and not a trader.

[Anonymous No.11993646]

>bitcoin is the cure for the rat problem

What did he mean by this?

[Anonymous No.11993682]

>>11992260
moon lambo

[Anonymous No.11993685]

"If i could, i would short it"

-Bill Gates, Dec 17 2018.

[Anonymous No.11993687]

>>11993646

He means the jew problem

[Anonymous No.11993704]

>>11993524
are you saying that there are no undervalued companies anymore or what are you getting at.

[Anonymous No.11993711]

>>11993422
His father was a US Senator and owned half of Nebraska, stock market crash and this lucky mother fucker got born a few months after. As is customary his family bought bonds/stocks in his name at the literal bottom of the worlds largest economy. His father also bought more every time he visited the East Coast and was constantly buying land from any desperate person begging for scraps during the 30's. This is why Berkshire Hathaway owns huge swaths of the Midwest, West Coast, Rocky Mountains and Texas. Fast-forward to today, all of that land and all those stocks/bonds are valued at trillions due to America's rapid expansion. He rarely sold, if any, assets throughout his career except for the land when the buying price was good. The moral of the story is to put all of your points into Luck because nothing else matters, coming out of the right hole makes you the richest man in the world.

[Anonymous No.11993725]

>>11993704
He's saying that the market has learned how to spot companies that are undervalued and high quality (literally just two metrics, takes all of 15 seconds), thus drastically reducing the window to buy high quality value stocks. Current value stocks are all insanely high risk gambles or companies with proven track-records of terrible operating efficiency. .

[Anonymous No.11993755]

>>11993725
then how come this old faggot is still making acquisitions? How come he is buying AAPL and JPM now?

[Anonymous No.11993756]

>>11993711
Just read his dad's wiki. Apparently he was bosom buddies with THE (((Murray Rothbard))) and supported nonintervisionism and the gold standard.

[Anonymous No.11993788]

>>11993755
He buys what he understands, and he does so with a long-term view. JPM is the premier financial institution for businesses and consumers. Apple is the most recognized brand in the world. When he sees markets dipping, he starts buying. What about that is complicated?

[Anonymous No.11993819]

>>11993788
Nothing about that is complicated. And nothing about that suggest that value investing has somehow become obsolete because the market has ”figured it out”

[Anonymous No.11993871]

>>11993725
that's when the patient investor waits for the panic when the stock market crashes and buy them up for discount.

[Anonymous No.11993879]

>>11993819
>And nothing about that suggest that value investing has somehow become obsolete because the market has ”figured it out”

Dumbfuck, look at any value ETF and watch how badly it did compared to the general market. I never said the Buffet was still value investing. If he was, he wouldn't be in fucking Apple. He moved on, as did the market. Value investing is dead.

And yes, what he does is easy. All it requires is patience, which most lack.

[Anonymous No.11993900]

>>11993756
he had pretty based views but was in the right place at the right time
also my mistake, Representative not Senator

[Anonymous No.11993967]

baby brains

[Anonymous No.11993997]

>>11992260
History will prove him right, or wrong
In my opinion? Probably right