This is so simple, yet many people ignore this advice. Warren Buffet didnt make his money by listening to experts, he listened to himself. I think if our educational system really wanted to make people better, Warren Buffet would be taught instead of useless subjects.
Warren Buffet explains with ease why so many people fail to make money
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It really is too easy but not if you own a television because you will have to endure the FUD.
You can thank Buffet for the insane gas prices. He's one of the guys running Biden.
I have seen trains with hundreds of tankers sit for months full of oil etc. Just sitting on a sidetrack.
He lived through the most successful period in American history, you could buy anything for cheap and get rich by just holding it. Coca Cola, McD, real estate. Does his advice apply in a state of decline?
How come you never, ever blame oil companies for their record profits?
Literally always everyone else other than those who directly set the prices.
His advice doesn't apply to begin with, he was born rich.
If you forgo the instant gratification and invest your money instead of buying stupid shit and spending money getting laid, over time you will have much more money and eventually your money makes more than you could waging for others. You should only buy things that make cash flow. Your cash flow can fund other items like transportation and housing.
Most people can't do this. No schools teach this. jews teach this to their children and if asked will tell non-jews to avoid doing it. It's their superpower. Control schools, institutions, increasing degeneracy, and drug use are the way jews crushed the wasps power and intergenerational wealth.
people are poor because taxes and fees are too high.
there should be no income taxes and especially no estate taxes.
>redditspacing
>dumbfuck woefully incorrect take
you have to kys
He's contributed nothing of value to civilization, yet filthy rich. That's all you need to know. Just money games courtesy of the federal reserve.
just a couple years ago, hundreds of oil companies were going bankrupt.
oil companies don't set the prices. Oil consumers set the prices. all oil companies can do is offer product for sale.
>Can't answer an extremely simple question
Yeah, thought so.
No they weren't and yes they do.
Buffet's success boils down to convincing investors to buy shares in his holding company and not receive any dividends. Buffet reinvests the dividends and grows his company that way.
You are better off just buying the sp500. at least with that you get a growing dividend.
Same with lumber, Sierra Pacific sat on assloads of lumber during the "spike", the mill in my area also sacked 40 employees and the vast majority of truckers who wouldn't get the jab. For a company that's 30% of all USA's lumber they sure don't like money, despite being jewish to the max and price gouges the market just to make a million or so in profit previously in history. Apparently they just up and left billions on the table. I'm sure it's no coincidence.
>Warren Buffet
explains
>listen to Warren Buffet, like I did, Warren Buffet
wow really?
well you are completely wrong just look it up yourself. are you retarded?
The thing that people don't understand about Warren Buffett is that his father was a Senator and his family was rich. It's a hell of a lot easier to get rich investing your family's money, than to make make enough to survive and then try to get rich by investing the tiny little bit you have left over from that.
I don't disagree with his basic philosophy, but it's really hard for somebody to implement in a random shithole town in Fentanyl country where the economy basically consists of a Dollar General and a Dairy Queen.
This jew never made any money during his whole life, only gambled and accumulated gibs.
the oil companies don't set the price imbecile. Tap water makes better margins. Literal tap water.
>pages.stern.nyu.edu
kys
>pages.stern.nyu.edu
kys
>pages.stern.nyu.edu
kys
if we didn't have an inheritance tax, millions more americans would inherit sizable fortunes and have a chance to strike it rich.
Yeah, the sandnigger cartel/mafia and OPEC.
>Boomer with less than 10 years left to love develops God complex
Shocking.
Please buy my book. It will tell you how I became rich. It's only 69,95 on Amazon.
He paid the experts to tell them to give him money. That's what he didn't tell you
Exactly, How do you even value a company that is never going to pay a dividend?
he mostly got rich with geico though, i think. investing, or rather, reinvesting the premiums on insurance policies of state mandate insurance on cars, when the car boom was ongoing post-ww2. I still like him though, even if he started rich as some say, most who start rich waste it all away.