Buffet

[Banjo]

Buffet is an investor, Vic is a market gamer, different swords.

 

[Cutten]

Quote from PuffyGums:

Buffet underperformed the S&P index this year.

Maybe he felt sorry for it after the three year drubbing in 2000-02.

 

[ertrader1]

Correct......two diffrent swords and also, Vic has outperformend buffet this year, i dont have last years numbers for him.

Vic did blow out using naked options a while back.

 

[waggie945]

I second that.

Buffet is an investor looking at the markets as a "value" player.
Niederhoffer is a "trader".

 

[WarEagle]

Buffet is a billionaire from his market exploits, "NV" blew up his fund at the expense of his investors. No rocket science needed in this debate...

 

[Mecro]

Quote from WarEagle:

Buffet is a billionaire from his market exploits, "NV" blew up his fund at the expense of his investors. No rocket science needed in this debate...

LOL thats what Im thinking, whats the controversy here.

Enough with the jealousy. Yeah Im jealous of Buffet's riches and I would have 100x more fun with his money. But the man got skills and is a consistent performer.

 

[Nordic]

Quote from waggie945:

I second that.

Buffet is an investor looking at the markets as a "value" player.
Niederhoffer is a "trader".

To sell insurance, you want people to have fear. To be a vulture and get people to sell you things cheap, you want people to have fear. Buffett preaches fear, he is a very shrewd man and he knows that his words effect the markets.

 

[harrytrader]

No Buffet is a billionaire from companies he owns notably assurances.

Quote from WarEagle:

Buffet is a billionaire from his market exploits, "NV" blew up his fund at the expense of his investors. No rocket science needed in this debate...

 

[Diode]

Quote from waggie945:

Buffett is an investor looking at the markets as a "value" player.
Niederhoffer is a "trader".

Actually they have a lot in common, in that they both sell premium as a core strategy.

 

[WarEagle]

Quote from harrytrader:

No Buffet is a billionaire from companies he owns notably assurances.

Yep, from buying their stocks low and selling them high. He just buys enough shares to also have a say in their operations. But any way you slice it, its his investing that made him a billionaire.