[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 290 KB, 2280x1385, You are beating Warren Buffett, right anon.png [View same] [iqdb] [saucenao] [google]
55407347 No.55407347 [Reply] [Original]

Why has no one surpassed Warren Buffett using OTM options?

>> No.55407359
File: 79 KB, 1270x823, convexity-bias.jpg [View same] [iqdb] [saucenao] [google]
55407359

>>55407347

>> No.55408929

>>55407347
Isn't his entire growth based pretty much completely on the period between ages 26 and 32 where he managed to somehow 10x his money in 6 years? Without that his average of 20% a year growth wouldn't have gotten him to a billion, or perhaps a single billion by the time he was 90.

>> No.55408940
File: 13 KB, 547x271, e9421b25162668ae6f239343d4a545ec.png [View same] [iqdb] [saucenao] [google]
55408940

>>55407347
>>55408929
As an addendum, adjusting for inflation he had "Made" $1,100,000 when he was 14 years old (His dad was a wealthy U.S congressman)
Pretty easy to be a 'great investor' when your parents give you over $1 million as a child to invest...

>> No.55408959

He is the elites pay pig. They rig it for him.

>> No.55408964

Or he tricked people into thinking he’s good at investing and they blindly follow him. Because he doesn’t know shit about technology.

>> No.55408971

Only a retard would donate his money to Bill Gates

>> No.55409032

>>55408940
Read it gain. 5k that times money so 67k in todays money. that is the inflated adjusted number