What is the key difference between very successful investors and average?

[Michael J. Fletcher]

The secret of Buffett is how well funded he is. He makes almost as many mistakes as an average investor, but where the latter loses and fails flat, Buffett loses and moves on without notion.

But Buffett began as a regular guy with the same amount of cash which basically very investor has.

 

[Stockmarketmap]

Don't worry about what the "great" investors do. A simple investment in the S&P midcap growth ( MDY ) has beaten BRK-A over many time frames ( "the average investor should just invest in an index" as Buffet suggested )with better diversification.

http://tinyurl.com/jjsn7y2
http://tinyurl.com/hot2d3b
http://tinyurl.com/hnoyo9y

 

[ubermenschtrader]

its simple, money and inside information. These people have both.

 

[felixbocharov]

its simple, money and inside information. These people have both.

I can't agree with you. Most of them didn't have anything when they began. Look for example at WB.

 

[felixbocharov]

Don't worry about what the "great" investors do. A simple investment in the S&P midcap growth ( MDY ) has beaten BRK-A over many time frames ( "the average investor should just invest in an index" as Buffet suggested )with better diversification.

http://tinyurl.com/jjsn7y2
http://tinyurl.com/hot2d3b
http://tinyurl.com/hnoyo9y

This is actually the truth indexes are almost always the most profitable way to invest long-term.

 

[Jamie J.]

Patience is a virtue we all lack of.

This is precisely what is causing all the trouble. Unfortunately.

 

[radex78]

I am just wondering, Warren Buffett isn't as smart as Einstein, and almost all the great investors have average IQ but still these guys are on the top. Why is it happening? What is it all about? Character, luck or something else?

I think name Warrent Buffet he is investor type and they haviing better experience and also can look best opportunity with making dept anaysis to investing money, maybe this name different with George Soros

 

[Baron]

Which one of his books is a must-read?

 

[qxr1011]

I am just wondering, Warren Buffett isn't as smart as Einstein, and almost all the great investors have average IQ but still these guys are on the top. Why is it happening? What is it all about? Character, luck or something else?

in trading or investing there are no average , its either successful or nothing

 

[ubermenschtrader]

I can't agree with you. Most of them didn't have anything when they began. Look for example at WB.

I beg to differ. Bush sr put 80k into a defense contractor. He walked away with over 15 million. A buddy of Clintons who was president of the dnc did the same. Neil Bush the son made 900k on a day trade for a company that he was a consultant for. He said he had no information. Yea right. The proof is always in the pudding so believe what ever you want.