warren buffet is a fraud - you worship him? read his books?

[Jah_rastafar_I]

Seriously it must have taken some guile, cunning or hynotic skills to somehow get the other party to invest more in short take more risk and yet somehow hold the same stake as them i mean how do you pull it off?

 

[OverTheCounter]

The trick is not to follow his investments. The trick is to buy Berkshire Hathaway shares and do nothing else. He can act on information that no one else has. The only ones to benefit is the Warren and the shareholders of Berkshire Hathway.

The problem with BRK shares is that Buffet is riding into the sunset and no one can come close to duplicating his approach, whether the ethical or unethical aspects. Anyone who owns BRK should be a seller, they are far better investment opportunities out there.

The unethical aspects are well known in the investment community and people talk about it over dinner and in subscriber-only forums but not publicly.

 

[scroobal]

You are absolutely right. The pipeline will disappear and the information flow will be down to a trickle.

The problem with BRK shares is that Buffet is riding into the sunset and no one can come close to duplicating his approach, whether the ethical or unethical aspects. Anyone who owns BRK should be a seller, they are far better investment opportunities out there.

The unethical aspects are well known in the investment community and people talk about it over dinner and in subscriber-only forums but not publicly.

 

[kiss]

http://pastebin.com/WF32gCaf

:p

 

[SalahParking]

Looks like you know your economics. Even before his graduated from Columbia, he insisted to talking to the CEO or be given access. He knew that the market was inefficient and anyone with inside information had a distinct advantage.

In one of his first partnerships, this wise man asked 11 doctors to cough up $10K each totaling $110K and he coughed up only $100 bucks, yet he held equal share.
He only coughed up 1% for each share of his partners contribution, not even 10%. That is not even risk taking. That's pure genius.

This thread throws the true light on W Buffett and his way of thinking and doing things. I am impressed that some can see his modus operandi. Buffett's father was a 4 term congressman, and you have to figure it out hard why did managed to do so well in the early days where there wasnt really much efficient market hypothesis

 

[SalahParking]

The problem with BRK shares is that Buffet is riding into the sunset and no one can come close to duplicating his approach, whether the ethical or unethical aspects. Anyone who owns BRK should be a seller, they are far better investment opportunities out there.

The unethical aspects are well known in the investment community and people talk about it over dinner and in subscriber-only forums but not publicly.

BRK behaves more like a country, than a company.

 

[ForFun]

BRK behaves more like a country, than a company.

And S'pore behaves more like a company than a country. Bottom line is more important that the happiness of the peoples.. oops i mean employees.

 

[Jah_rastafar_I]

I just wonder how many forummers here really know how to value an asset correctly using the Graham and Dodds methodology (Warren Buffett's sifu).

And yet, trying to discount Buffett's skills and track record with a dubious Youtube video and wild postulations about the way he invests.

You guys really think too highly of yourselves and have a natural proclivity to talk big. And this includes the big mouth by the name of Scroobal.

Now now how could you even accuse that of our beloved scroobal. He is certainly the forum's savior even seems to be able to influence the opinions of the owner himself and the super mod who claims he's entirely neutral and yet commits actions that seemingly sides the screw and his cronies. You are clearly barking up the wrong tree. You should simply kiss his ass and then you can be assured of a good time here. Take it from me i might have become a mod and i post enough miscelleanous topics on everyday news and give my opinions on martial arts and so on but i crossed the great screw and now all my validity is down the drain. Come to think of it i should have kissed his old wrinkled ass. One word of advice though you would need to take a number and queue to kiss his rear end. As it is he's already accumulated quite a number of ass kissers with assorted monikers like kingrant, thick face ..... all highly esteemed members too.

 

[ForFun]

I just wonder how many forummers here really know how to value an asset correctly using the Graham and Dodds methodology (Warren Buffett's sifu).

And yet, trying to discount Buffett's skills and track record with a dubious Youtube video and wild postulations about the way he invests.

You guys really think too highly of yourselves and have a natural proclivity to talk big. And this includes the big mouth by the name of Scroobal.

Me think the Republicans there are trying to show him negatively now that he has supported Obama's attempt to change some of the tax rules.