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/biz/ - Business & Finance

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17046349 No.17046349 [Reply] [Original]

What do I think of him?

>> No.17046360

>>17046349
got lucky

>> No.17046404

Good for his time.
But he gets absolutely blown away by modern machine learning and bots scraping the entirety of the internet

>> No.17046467

He definitely set some standards and followed them strictly and the results we all know! Same way Tachyon Protocol is setting some standards in the decentralization of the internet which will yield lots of benefits in long term such as no fake news, no cyber attacks, and no data leakage.

>> No.17046488

>>17046404
wtf are you even talking about. he is a ceo, not some cuck day trader

>> No.17046781

>>17046360
He spends all day every day reading earnings reports and annual reports. That's his entire life. Nothing to do with luck.
He bought insurance companies and used their reserve funds as extra leverage for investments.
Analysts have identified factors that gave him advantage over total market index.
https://blogs.cfainstitute.org/investor/2019/04/15/warren-buffett-the-greatest-factor-investor-of-all-time/
>However, by averaging the factor betas over the last three decades, a clear picture emerges: BRK.A had positive exposure to the Value, Size, Low Volatility, and Quality factors as well as negative exposure to Growth and Dividend Yield.
>Naturally, this reflects Buffett’s well-known preference for cheap and high-quality firms over high-growth technology companies.
In other words, his investing strategy has been decoded, and people can replicate his results by getting a mix of index funds that match his factor bias.

>> No.17046803

i was standing back from the screen without my glasses on and i thought this was a hitman thread

>> No.17047029

Sociopath. Obsessed with numbers on a screen and doesn't even enjoy a dollar of the money. Spoiler alert Warren you can't take the money to the afterlife.

>> No.17047112

>>17046360
>lucky
to be lucky you need to try anyway
and if you are not attempting, but studying and planning, your chances get bigger and bigger
he is not playing video pokers

>> No.17047124

>jew
>lucky
choose one, faggots

>> No.17047127

>>17046467
This has to be most pajeeted comment I read today.

>> No.17047131

>>17047029
>implying he hasn't paid satan for his own immortality

>> No.17047164

>>17047029
>implying he cant just pay to have his brain put in a jar and live for another ten thousand years

>> No.17047184

Rat poison squared

>> No.17048393

>>17046349
accumulating wealth for the sake of it while most people on this planet struggle to survive, what I think of him?I think he deserves to roast in hell

>> No.17048406

>>17047029
this

>> No.17048417

>>17046349
i think hes a giant faggot

>> No.17048426

>>17046349
Honestly? He (his companies) sell cancer to children. What are you supposed to think of him? Lol. Has to be a psychopath. That aside then who knows, I don't know him

>> No.17048470
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17048470

>>17047124
Both faggot.

He came from a well off family. His dad was a congressman and owned a money management business where he got first hand exposure to how the sausage is made. He then went to Columbia Business School and was under the tutelage of Benjamin Graham (the father of value investing) who... you guessed it... was a Jew.

Bow down goy.

>> No.17048484

>>17046349
had a false assumption, that stock prices are fundamentally tied to the wealth that company creates.
got very lucky and lived through an era where it held true.
soon, the management of companies will start to abuse the fact that so many people hold on to this false assumption.
they will make sure they have enough stocks to not lose control. then instead dividends, they will pay profit out in the form of salaries and bonuses to themselves. they will never buy a single stock no matter how rich they become. might take a long time, but people will catch on to this and realise it's just a circlejerk game and there is literally nothing that gives stocks (in amounts that aren't enough to make decisions in sad company) of even a 100 trillion dollar comapny ANY fundamental value. then stocks will crumble and new companies will raise funds through actual guarantees.