/biz/ - Business & Finance

>>449406

>>167068
1. The index was almost completely "irrational exuberance" for the past five years.

2. Failing in the short term doesn't really matter when you've won so long in the long term.

3. The short term doesn't matter to Buffett. He invests for 10, 20, 30, 40, or a lifetime from now, not 5 years.

4. Lel, you don't even know that Berkshire Hathaway doesn't and can't charge fees.

5. Even harder lel, you think that stock-picking can't work for the long run. M8.

6. "Falling behind an irrationally-over pumped bull market of the last 5 years after the worst crash ever proves that long-term stock picking doesn't work."

7. "The bottom line is that he's paid to deliver results for his clients." 20%+ average annually for the last 60 years isn't failing to deliver.

>>148379