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/biz/ - Business & Finance

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16685964 No.16685964 [Reply] [Original]

>If you want to be rich next week you have to start preparing five years ago.
What did /ourguy/ mean by this?

>> No.16685969

Buy and hold

>> No.16685984

>>16685964
Invest in those things that are worth the time required to turn a profit.
>patience is a virtue

>> No.16686070

>>16685964
It's too late to invest. You should've invested 5 years ago for those sweet gains. Now the party is over.

>> No.16686072

>>16685964
Buy equities in companies with a sufficent margin of value and base your puchase on the intrinsic value, not market cap, and likleyhood of the company's intrinsic value increasing. Implicitly this means waiting for that increase to happen.

>> No.16686082

>>16686072
*margin of saftey!
stupid timer

>> No.16686087

>>16685964
Buy BitCoin and be rich in five years and one week.

>> No.16686127
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16686127

>>16685964
God I fucking hate his clever little boomer quotes. They all sound exactly the same and they're never helpful. It's like they're generated by an AI
>If you aren't willing to own a stock for ten years, don't even think about owning it for ten minutes.
>Someone's sitting in the shade today because someone planted a tree a long time ago.
>It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price
>It's better to have a partial interest in the Hope diamond than to own all of a rhinestone.
SHUT THE FUCK UP BOOMER YOU JUST SAY ONE THING THEN TWIST IT AROUND IN SECOND HALF OF THE SENTENCE AHHHHHHH

>> No.16686138

>>16685964
Rat poison squared

>> No.16686153

>>16686127
knee pad thyself

>> No.16686163
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16686163

>>16686127
>rule #1: don’t lose money
>rule #2: see rule number 1


Except with kraft Heinz

>> No.16686166

>>16686070
Based interpretation. I think he was alluding to how everybody wants to get rich quick but really it takes planning and execution.

>> No.16686167
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16686167

>>16686072
Xrp. The standard

>> No.16686168

>>16686127
What do u expect from a guy (((they))) chose to be the prude face and salesman for US stock market?

>> No.16686169

>>16686127
They're all helpful, they're just all the same fucking piece of advice: "Have low time-preference, dipshit."

>> No.16686277

>>16685964
I want to gobble down Buffett's fat dick

>> No.16686317

>>16685964
He means
BUY
SILVER

>> No.16686338

He means you gotta buy LINK.

>> No.16686344

>>16686338
>LINK
No
Buy silver
Whats LINK run on? Computers
What do computers need?
SILVER

>> No.16686346
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16686346

>>16685964
send your past self deets on good stocks to buy.

>> No.16686351

>>16686344
Computers need electricity not silver

>> No.16686356
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16686356

>>16685964

>PROTIP

>> No.16686360

He means what he says. You don’t get rich overnight. Pay off your debts, start saving, start a business or invest. I’d say hoard your cash or buy mining stocks at this point but warren is horsing record cash so let that sink in faggot.

>> No.16686362
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16686362

>>16686344
Silver is a good conductor though.

>> No.16686397

>>16686344
Anon, I'm not even sure if silver was used in anything other than keyboards.

>> No.16686416

>>16686397
m8 silver is in CPUs