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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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16678170 No.16678170 [Reply] [Original]

If you can't pay for it in cash, you can't afford it.

>> No.16678190

>>16678170
Is that an actual quote from him? He's a very intelligent man.

>> No.16678194

>>16678170
He’s not wrong.

>> No.16678234

>>16678170
Very true - this clip builds on Buffet's statement. Honestly, I don't blame the bankers for getting rich over people being idiots. Most people would take a job with an investment bank making $1 million per year, even if they knew other 'normal' people were getting screwed. Always two sides to the same coin.

https://www.youtube.com/watch?v=2f2kGHcdJYU

>> No.16678470

>>16678170
Dumb. I never carry cash. I use credit and financing with auto payments because it increases my credit score. Then I use that to reduce my interest rates on loans and mortgages.

>> No.16678477

>>16678470
>being this fucking autistic
He means not using installments you stupid cunt.

>> No.16678480

>>16678477
then why doesn't he say that?

>> No.16678511

>>16678480
Its a well known expression in English speaking countries, Rajesh.

>> No.16678612

>>16678477
>>16678511
I think buffet just got outtisted

>> No.16678656

>>16678470
imagine having a credit score

>> No.16678701

>>16678170
fuck these rich assholes they have enough wealth to make every american here rich yet they are fucking scrooge mcducks

IM FUCKING STARVING IN AMERICAN OVER HERE FUCK YOU

>> No.16678734
File: 58 KB, 222x227, 58008D1C-8485-4B4B-BA9E-909BC99600D9.png [View same] [iqdb] [saucenao] [google]
16678734

>>16678170
>has 160 billion cash

>> No.16679174

>>16678170
Mr buffet I will buy whatever home i like and you can't tell me nothing!

>> No.16679391

>>16678701
Good.

>> No.16679406

>>16678701
You should just die bro

>> No.16679418

>>16678170
>negative interest rate
>cashless society imposed
all in cash, buffet is literally /biz. Buy high sell low.

>> No.16680213

>>16679406
you should crawl into ((warren buffets)) penis and live there for 6 years you fucking faggot

>> No.16680584

>boomer who lived when brand new cars cost 30 cents giving other people advice

>> No.16680605

>>16678470
Is and Ought...
If you can't pay for it in cash, you can't afford it. Doesn't mean you must literally hand over stacks of benjies.

>>16678701
>they have enough wealth to make every american here rich
Yet another fucking financial retard fails to understand the difference between market cap and fungible value.
No, they can't make every American rich, the numbers are... and I'm mega-oversimplifying for this anon's ignorant ass, the numbers are imaginary.

>> No.16680641

>>16678170
That would mean I can't afford to pay taxes.

t. make 78k Euros in turnover, with about 28k in business expenses every year.