A charity auction to have lunch with Warren Buffett has hit a record before it is even over.
- Thread starter dealmaker
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If you want to contribute to a charity, good on you!
But if you're paying a high price for Buffett's advice, should be advised he hasn't even kept up with the S&P 500 over the last 10 years, let alone outperformed. (Brk.A has underperformed the SPY by ~ 25% since the '09, low.)
But if you're paying a high price for Buffett's advice, should be advised he hasn't even kept up with the S&P 500 over the last 10 years, let alone outperformed. (Brk.A has underperformed the SPY by ~ 25% since the '09, low.)
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Buffett doesn't get direct infusions from the Fed you know, only the stock market does.
BRK.A also underperformed SPY back in the dot com days. He had the last laugh then, so I won't want to bet against him.
Buffet would be bankrupt had accounting rules were not changed during last financial crisis. Once marked to market was removed and managers were allowed to price/estimate the value of their papers by themselves, the game became very easy and and it saved their asses.
Of course, non of us mere mortals would get such a break.
Of course, non of us mere mortals would get such a break.
Good to hear it's going to charity. I respect Warren Buffet, but his attitude toward Bitcoin has got to improve if he wants me to even spend a dollar on him.
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LOL What is wrong with him + Jim Rogers not liking/buying bitcon??
You just can't teach an old dog new tricks. That's all I got to say about that....