/biz/ - Business & Finance

>>9957711
he invested in bitcoin early

>>9957711
Probably. Where the hell else would that much money come from if not stocks?

I mean, he owns some T-bills also, but I assume that's not what you mean.

Imagine being his grandson

>>9957769

His family is getting nothing and he is basically despised by everyone around him except for his shareholders because of his single minded pursuit of increasing his wealth. He's going to die alone and bitter because he never got the #1 spot even for a moment and he tons of obvious tech stocks that would have gotten him there.

>>9957836
>ally despised by everyone around him except for his shareholders because of his single minded pursuit of increasing his wealth. He's going to die alone and bitter because he never got the #1 spot even for a moment and he tons of obvious tech stocks that would have gotten him there.

true. if he had all inned into tron last january with his net worth, he would be the richest man of the universe

>>9957711
he always knows what's up. just look into Offut air force base and the little meeting he had scheduled there on the morning of 09/11/01

>>9957711
>was it all stocks
indirectly and directly, yes
>or he got money from somewhere else too?
in the early days he got a bunch of family members and friends to pool together like 50k, then he liquidated the company once he had enough money to go solo.

The biggest gains are usually attributed to buying GEICO - insurance companies obviously have lots of cash on hand - so he took cash out of GEICO and loaned it to other companies he owned so they could invest in expansion.
In other words he wasn't as passive as he makes it sound when he says "we just buy great companies with great management", especially now that he's teamed up with that Brazilian guy whose name I can't remember: they are now doing a lot more capital redistribution.

>>9957711
>tfw ahead of Buffet at 26

lets go boys

>>9957711
He got connections + insider info

>>9957711
no point being rich after 70

>>9957906
Adjusted for inflation tho'?

>>9957711
Buffet is a cuck
what is the point of working during ALL your fucking life
Im 25 and richer than he was at 26 but if I had 5 millions I would stop working and just calm down, whats the point wtf
he begs for power and to be famous but he is ugly as fuck, his wife has probably fucked 10/10 goyim all her life long

>>9957769
reality is more like:
Imagine being his grandson and having sold your shares a few decades ago

>>9957836
if he's singleminded in pursuit of wealth,
then how can he be bitterminded?

He did good from 26-30

>>9957711
WARREN BORROWS MAXIMUM MONEY AS CREDIT RATING ALLOWS FOR 0% INTEREST FROM FEDERAL RESERVE

WARREN INVEST IN STOCK WHICH PAY 3% YEILD

WARREN INFLATE STOCK PRICE BY DOING THIS SO OTHER PEOPLE CANT BUY STOCKS AS GOOD INVESTMENT

ECONOMY GREW BECAUSE OF THIS "NEW MONEY"??/

FAKE PONZICONOMY

WARREN HATE BITCOIN BECAUSE BITCOIN CANT BE ABUSED LIKE THIS WHEREAS FIAT CURRENCY IS THE KEY TO MAKING FRB SCAM WORK

FRB IS HOW THEY SIPHON VALUE AWAY FROM THE PEOPLE WHO CREATE IT THROUGH THIS SCAM

YOU CANT PLAY !!!!

>>9958592
99% OF MONEY IN ECONOMY DO NOT EXIST BECAUSE OF ECONOMIC PARASITES WHO USE THIS SCAM

FINANCIAL SLAVERY

>>9957836
Just think of it this way. He lives decades in wealth, can do whatever he wants. only the last month of his life will be suffering before he dies.
Or,
You can suffer your entire life, and the last month somebody is standing and holding your hands while you also go through hell before you die.

Which one do you prefer?

>>9958344
> no point in living at your own mansion, having butlers and servitude with you can be shoved in a hospice where they'll beat and rape your decrepit ass...

Not everything in life is a about fucking wart filled rosties you know

>>9957711
seeing a chart like this makes warren buffet's fortune seem far less impressive. he was clearly born into wealth by having so much money as a kid (who was even keeping track btw), and he wasn't even a true billionaire until he was a crusty old man.

>>9958694
He bought his first stock at 11 with money from hustling other children

>>9958658
Too bad he has a shitty lifestyle and daily routine
Whats the point of all this money if you cant share it with your loved ones and enjoy your life

>>9957880
Lol he would've been the biggest bag holder in the universe. Him all ining would've pumped it up to #3 regardless of whoever was in it.

>>9958799
Once your income passes 100k$, more money doesn't affect life enjoyment. Buffet isn't earning money to buy himself pleasure he's consistently beating the market because the challenge gives him pleasure in itself.

>>9958799 This.
>>9958658 implying if you don't have billions, then you are suffering through life.

>>9957721
no he didn't lul

>>9958836
I doubt that he has real pleasure from dominating the market
He seems driven by it like some athletes are driven but like them once there carrier is over they have nothin left and maybe they even realize all the time they have wasted
I just think its no use if you have all this freedom just to restrict yourself anyway
Seems like he lifes more or less the same if he had less money and just would work as investment banker or something else
So i just dont really get it

>>9958417
there are people out there literally suicidal and working/pursuing what they like is the only thing making them feel alive

the most passionate/ambitious people tend to be the most depressed

>>9958799
based

>>9958658
>He lives decades in wealth, can do whatever he wants. only the last month of his life will be suffering before he dies.
This is Warren Buffet's house.

>>9959155
>>9958658
... and this is Warren Buffet's car.

>>9958799
>having loved ones
>feelings for anyone but yourself
that's a good recipe for suffering

>>9959022
You're right, you don't really get it, different people want different things in life, someone people feel their lives are fulfilled when then have a child, some think that children are a drag.

>>9958532
Lol
>>9957836
Thats bullshit from the mind of someone who doesnt know what 50+ billion can buy. People around him love him so much, he probably wants more hate.

>>9959155
he's lived in the same house in bumblefuck since the 1950's and actually lives pretty frugally

>>9959168
>plebs still unironically fall for the innocent old man shtick

Fuckin retards

>>9959317
See>>9959320
No he doesnt. He eats an ice cream and drinks a cola every 2 years in public to get people like you thinking “hes so down to earth, hes just like me!!”

And evidently it still works

>>9958417
Lol u stupid cunt. 5m$ is bot what it used to be 5m$ its a cognitive paradox: u cant compare ur 20 to their 20, its like comparing life of a modern worker to a life of 16 century field slave u moron

friendly reminder the Buffet it /our guy/ and if you like him you can go suck some communist dick and lube it up with your jealousy

>>9958592
Pretty much

>>9958692
No its about impregnating one... otherwise your bloodline ceases and you break a chain of life that hasnt beem broken since life began on earth

But hey..... ANIME amd video games r so cool right ha

>>9958906
>he says he didn't so he didn't
retard lul

>>9959370
then he is even more a cuck than I thought
He could have stop working at 30 y/o

gas your mom fuckin kike

>>9959245
They think children are a ‘drag’ due to conditioning
Entirely a modern thing

I would find it hard not to unironically pyshically assault someone if they said having children, literally creating life, is a “drag”

Imagine how rich someone like Buffett or Soros would be today if they already started out wealthy. Give guys like this life extension and they will take over the world.

>>9959473
>try to remove life because someone doesn't want to create life
kys
Having children is a drag, there, I would love to see you try to assault me IRL.

>>9959492
There are people like them with money, they're not public figures though

>>9958417
140 K back then is the equivalent of 1.5 M today. It's called ((inflation)).
Also, credit is a lot cheaper and accesible today so our new McDollar™ is really worth even less.

>>9959213

You got it the other way around. If you don't have someone or some people to love and enjoy your wealth with, you'll be suffering.

>>9959492
I wouldn't mind a lich oligarchy. It's much better than our (((vampire kleptocracy)))

ITT: Nobody sees the bubble.
/biz/ really is dumb ='(

>>9957711
Friendly reminder that the DOW is hitting its 10 bust soon.

>>9959155
he has more than one house dude.

https://www.youtube.com/watch?v=dZUmSm07ZE8

>>9957711
Where did the 5k at 14 come from?

>10 bust
whats that

>>9957906
>>9958417
>>9958694
His father was a congressman, and stock broker, and freemason
https://en.wikipedia.org/wiki/Howard_Buffett
https://www.masonrytoday.com/search/index.php?cmason=1508

>>9958692
also you can still fuck wart-filled roasties when you're 70, contrary to popular belief

>>9957711
he most likely invested in peepcoin

>>9957711
Is that adjusted for inflation?

He doubled his stacks twice from 34 to 36. What the shit