/biz/ - Business & Finance

tht boomer called google, amazon, Microsoft and apple shit companies and didn't invest.

>>18543647
ok boomer

>>18543655
That boomer is richer than 99% of the world regardless of your hate.

>>18543655
Times change. He is from the old school but his methods still work.
Bezos or Zucks portfolios are a modern version of his containing those stocks.

>>18543655
Just because he doesn't understand tech doesn't make long term holding any less lucrative and stress free

>>18543647
unironically based

>>18543655
What makes them good companies to you? It's not just because they keep going up is it?

>>18543804
>what makes google, amazon, microsoft and apple good companies?

>>18543647
Buffet's only good advice is that diverse portfolios are for midwits who don't know what they're doing. Everything else is an old school mentality like >>18543682
said.

dumped my trumpbux on hershey calls
about to make 10k

>>18543647
>be a long term investor that is just chilling
>make 10% in 5 years

>be a long term investor that is trading
>sell when noticing the market tanks
>buy back in when noticing the market recovers
>make 10% in 1 year

>>18544515
I understand that pic related is your reaction to my question but what is your answer?

>>18543647
i turned $20 into $138 then turned $138 into $432

What’s a fair price for a good business that needs a government bailout?

>>18543655
Are you serious? This is very bullish for crypto if true.

I’m really, really considering just dumping all my fucking money into LK.

>>18544765
>lose it all

Read Security Analysis, retards
None of you could grasp how next level uncle Buffet is until you read the sacred text

>>18545179
Yes he is best friends with bill gates since the 90s, and still didn’t invest in Microsoft then.

If you have the opportunity to drink Coke from a glass bottle and choose not to, I don't trust you

>>18545194
you obviously only sell when you're in the green

>>18543655
>being a faggot

He changed his mind on AAPL and it's one of his larger holdings. He doesn't get stuck on "oh no I was right and the market just doesn't know it yet!!" cope.

Notice how businesses all over the world are desperate for cash, and the Fed and treasury are struggling to get them enough?

The many businesses Berkshire owns are a lot better off considering the cash Buffett's been piling up.

>>18544662
he said it's an oldschool mentality that WORKS. Most of buffett's wisdom wins out, just how he's been cautious while everyone get too greedy the past few years.

>>18545197
>None of you could grasp how next level uncle Buffet is until you read the sacred text
Or after. That's why I just buy BRKB for my "value" investing.

>>18543647
>Why are you guys 'trading'?
easiest way to double my BTC with minimal work

>>18544765
Fantasy
>>18545194
This.

OP is right. Trading is a meme and you will lose all your money. As well as your hair, your friends, and maybe your life.

Everyone has to learn the hard way, though. It seems so easy, worth a try. I'm smart, I'm in control of my emotions, this will be easy. Hold my onions milk.

5mins later, email arrives:
"... position has been taken over by the liquidation engine."

>>18545425
fantasy? i sold all my green stocks mid march and were able to buy back much more a few weeks later.

riding the wave down the drain instead of paying attention isn't smart