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Speaking of Pyramid Schemes
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BRK was $375 per share in 1980. I find Buffett's investment record beyond amazing. |
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I have several books on him in my library. "The Snowball" is my favorite. |
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I wonder why Buffett did not mention Tether, Bitcoins Achilles heel.
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One down. More to follow? https://coinmarketcap.com/currencies/terrausd/ . . |
Oh how could I forget my favorite Buffetism.
One of his most famous holdings was Coke and the covered calls he wrote for years that made a ton of money. As evidence of how bad sugar was piled up Buffet continued to insist Coke was a healthy product. "I drink a Cherry Coke with my dinner every night and I'm fine". Meanwhile millions of Americans became obese and diabetic. Especially black Americans; while Buffet laughed all the way to the bank. He's a swell guy all right. |
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Warren eats breakfast from a McDonald's drive through.
"Warren Buffett, one of the world's wealthiest billionaires, eats the same breakfast every day. He stops by McDonald's on the way to his office and orders one of the three items – two sausage patties, egg, and cheese, or a bacon, egg, and cheese." From: What frugal billionaire eats almost every breakfast at McDonald’s? He does not drink alcohol or smoke tobacco products. In any case at age 91 he is still going strong. |
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