Day Trader Called Buffett An Idiot

I

ironchef

https://www.marketwatch.com/story/w...s-the-easiest-game-ive-ever-played-2020-06-09

This is what he said:
He also went off on how he made almost $300,000 on the day but missed out on an even bigger number by getting out too soon.

“I’m just printing money,” Portnoy said. “Why take profits when every airline goes up 20% every day. Losers take profits. Winners push the chips to the middle... I should be up a billion dollars.”
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Imagine, he made $300,000 day trading and thought he was printing money and Buffett an idiot. :vomit:

I am waiting to count his billion at the end of 2020.
 
Buffet has billions. He has to be an investor, meaning buying stocks at all time lows preferably and wait it out.
The smaller capital you have the more efficient it is to daytrade, while midsize is swing trading. You can't daytrade with billions. This guy is a certified idiot.
 
1 mil seconds is 12 days (?)
1 Bil seconds is 32 years.
(The difference between millionaire and billionaire)
That guy is off by a factor of .00003 (?)
 
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That guy is a comedian. One day he announces he’s lost most of his money, another day that he’s made the $300k, while trolling everyone along the way, and poking fun at traders and investors alike.
I like him actually.
 
guru said:
That guy is a comedian. One day he announces he’s lost most of his money, another day that he’s made the $300k, while trolling everyone along the way, and poking fun at traders and investors alike.
I like him actually.
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i tried explaining,....no point really
 
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