Quote:
Originally Posted by dtyler8010
Warren Buffet says that the purpose of market analysts is to make fortune-tellers look good.
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Reality re: Warren Buffet.
Listed as the greatest stock picker, He has a staff that explores and investigate the data.
He of course pays for that.
You could not, I cannot pay the salaries of his staff.
Buffet recently said do as I say not as I do. He did not beat the S&P average this year.
He has said publicly you/we should simply buy one of the index funds.
Buffet has also said that was a mistake I lost 45 million on that stock.
Was I to loose 45 million there would be a lot of people wondering how they were so stupid as to lend me that much money.
Even the adverb Buffet like is well nuts. You do not even trade in the same market as Buffet does. Nor do you need to disclose what you hold and what you are buying or selling.