Buffett’s Berkshire Hathaway Mints Another Billionaire

Quote from nazzdack:

4) Are people who accumulate 7-figure, 8-figure or 9-figure fortunes "less worthy" than someone with a 10-figure net worth? :confused: [/B]
More...

I'm not looking at just the BRK'A article. Im talking about wealth in general. And to answer your question I quoted. that's like asking if someone who plays in the minor leagues is less worthy then someone that plays in the MLB...Depends on how you define worthiness.
 
Quote from Took2Summit:

I read this post this morning too. Curious why people trade instead of invest. Investing has produced so much more wealth for individuals then trading has. Can anyone name any billionaire that became a billionaire from trading?

It makes me wonder why so many people aspire to be "traders". To me it's the equivalent of people striving to be in the minor leagues instead of the MLB
More...

Many investors are in mutual funds, and the funds trade. They may call it "buy and hold" but it just means someone else is doing the trading. Berkshire trades, too.
 
You must log in or register to reply here.
Back
Top