Buffet

[praetorian2]

Quote from MYDemaray:

Buffet has owned this home in Laguna beach for quite some time - decades - and readily refers to it

I would be interested in hearing about the other palatial estates that aren't talked about...

Actually, the Laguna one is his wife's. They live apart, but for tax reasons are legally together. Supposedly, they're still close friends. For this reason, his name likely shows up on his wife's property. She has sold some of her BRK stock at times and used it to buy nicer things.

4m is not a palace either. C'mon, someone show me a real palacial estate(s).

 

[marketsurfer]

i am presently trying to locate the article that mentions his estates, etc. will advise as soon as i do.

thanks for keeping me on my toes....

surfer

 

[Diode]

This is pointless quibbling on my part, but can we all remember to spell "Buffett" with two Ts? Thanks.

 

[WarEagle]

$4 million on the coast of CA is hardly palatial these days. But I think BuffeTT's got it backwards...its Nebraska that seems to have a tax problem...$14k on a 500k residence? My wife if from Minnesota, land of 10,000 regulations and taxes, and there its not even half that.

 

[jbtrader23]

Many of the EMH and random walk academic types can't stand a success story like Buffett. Surely, he's just a fluke. Just luck they say.

His detrackers say he has advantages that small investors don't. He sits on company boards, he gets preferrential treatment, etc.

But he was routinely beating the market 50 years ago!! Before he bought Berkshire, he was beating the market through a private partnership. He's always been obsessed with making money.

His 50 year competitive advantage is his mindset. Iron discipline and thinking independently has made him the 2nd richest man in the world. Trading is a zero sum game and you can't beat the market for 50 years by being like everyone else.

 

[causeiambetta]

[His 50 year competitive advantage is his mindset. Iron discipline and thinking independently has made him the 2nd richest man in the world. Trading is a zero sum game and you can't beat the market for 50 years by being like everyone else.]

exactly

its not what he says he thinks or if he missed out on homeruns; we should watch what he does and try to emulate.

-m.o.

 

[harrytrader]

http://www.hereinreality.com/

Why was an Executive Jet owned by Omaha billionaire Warren Buffet "tracking" Flight 93 instead of a military jet intercepting it?? Why was Warren Buffet at Offutt Air Force base that morning?
More on Warren Buffet

Why was the agent who blocked the Moussaoui investigation recently honored and given a large cash bonus?
Why has the US media never examined the "insider stock trading" the week before 9-11 that shorted AA and United Airlines stocks?
Why weren't fighter jets from Andrews Air Force Base called in to intercept any hijacked airliners?
Why did the White House try to stifle an independent investigation into the events of September 11?
Why has the US media never scrutinized the now well known Bush & Bin Laden family, and the fact that Bin Laden family members were allowed to quietly leave the US after 9-11, without being questioned?
Why does the media suppress the story of
400 9-11 victim's family members suing Bush for $7 billion for knowingly
allowing 9-11 to occur for political gain?

 

[WarEagle]

LOL, that website should be called devoidofreality.com

Harry, surely you know not to believe everything you read on the internet...

 

[harrytrader]

Don't tell me that you believe everything Bush said ...
Don't tell me that you didn't read the Wall Street Journal about the Bush-Ben Laden Family link.

Don't tell me that you didn't even click on the links which leads to medias articles or do you have parkinson illness ?

As I said here http://www.elitetrader.com/vb/showthread.php?threadid=29625 you only want to hear what you want to believe. No wonder why it is so easy to drive you like stupid sheeps.

Quote from WarEagle:

LOL, that website should be called devoidofreality.com

Harry, surely you know not to believe everything you read on the internet...

 

[Trader5287]

Quote from Harry:

Does Niederhoffer have a website where you can see his results?

Thanks,
Harry

VN has a great website imo. He does not post results as far as I know but he does call the SnP every few days. He's never been anything other than forthright about his blowouts in the Baht and SnP in everything he's written. The harping about these incidents is tiresome now. Catastrophes of one kind or another happen to all traders and investors sooner or later.

Geo.


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