Sinbius

Little details...athletes works hard every day, on average earn less....and another very little detail they all OVERPERFORM the average man....just details I guess...putting asides little details you are absolutely right...

quote".... A younger person doing a lot of travel, or an older person with poor health, may require 200K before tax and inflation, or 5 million. ...." ....you live in your own world...no offence... The average American takes home approximately \(\$59,430\) annually in gross personal income, or about \(\$40,000\) to \(\$46,000\) after standard taxes. By contrast, the average European gross annual wage is roughly \(\$43,000\) (€39,800), leaving an average net income closer to \(\$27,000\) to \(\$32,000\) after higher European taxes and social contributions.

I don't know...you tell me...why people gave him money to manage? 1. The 5-Year Horizon (Recent Underperformance) Aquamarine Fund Annualized Return: ~7.5% to 8.5% S&P 500 Annualized Return: ~12.0% to 13.5% The Context: Over his final five years of active external management, Spier lagged behind the broader market index. His portfolio entirely avoided the mega-cap "Magnificent Seven" tech sector, which heavily skewed index gains. His structural cash drags and heavy concentration in banking, automotive, and payment processors failed to keep pace with the massive growth-stock expansion. [1, 2] 2. The 10-Year Horizon (The Mid-Term Struggle) Aquamarine Fund Annualized Return: ~8.8% S&P 500 Annualized Return: ~11.5% The Context: On a 10-year rolling basis, Spier achieved strong absolute compounding, but still underperformed the S&P 500. While core multi-bagger positions like Ferrari and BYD provided major boosts, they were offset by multi-year stagnation in legacy positions and deep value traps, highlighting the systemic macroeconomic headwinds that value investing faced relative to passive indexing over the decade. []

Example...look at Guy Spier.... Guy Spier’s average annual portfolio turnover rate historically hovers around 5% to 10%, reflecting a typical holding period of 10 to 20 years for his core assets... ....Guy Spier typically meets with his fund investors in person once a year... ....image the tension the month before that day "oh $hit I have to talk to all those people, the portfolio is the same, what I am going to dress with? I am always in Tracksuit...I need to plan well...let's find some analogy to impress them and make them feel smart...what stories can I tell?...mumble mumble..."... Isn't that sitting on his a$$? Do you call it real hard work?

Again...I define investors as people who can make their living investing only their own money...we don't do "real hard work" (of course generally you have to break yourself in two to get enough money to get there if you don't get inheritance or if you don't start very young...) ...about money manager you know, I know, everybody knows that generally they underperform while making tons of money and that's why indexing has exploded.... I get the impression that to "defend" your self image you have to protect the image of investors as something more noble of it really is...

80% of american startups run on chinese AI....

What investors do with their free time has nothing to do with the point I was making...and has nothing to do with the process of investing, it seems you just wanted to point out that some investors do charity (like every other people btw) to put a better frame on the fact that long term investor sit on their a$$ to make money while most people have to do the real hard work. Ciao ciao!

Probably it depends on our definition....I define investor who can make his living investing his money only....and of course some of them (the very greedy ones or not good enough ones) reach for other people money to get more risk free upside...and I see nothing wrong with that BTW...but now acting like an hero or a victim is a bit of a stretch... You definition of investor looks like is only people that use other people money to enrich themself... Ciao Ciao!

LOL...aren't you an investor? Money is just a contruct/tool to motivate you to sit on your a$$ and do nothing while other people struggle to work and pay bills...Guy Spier too he also has the same portfolio doing nothing ...underperforming...and getting rich in the meanwhile...get real

China says no ongoing trade talks with the U.S., calls for canceling ‘unilateral’ tariffs Xi just waiting ...

Can't Xi just wait...?...people will eliminate Trump (...less than 90 days I guess...Trump is already losing consent...in 90 days with no deal and pain in the economy he is done...) and only then start negotiating for real...

...but he is a practitioner of the art of the deal...the strategy is that you look like a r3tq30 and people are out of balance and they will propose better deals that you could think of...

I have bought a bit of ASML...monopoly with tailwinds for growth (..longterm...)...and it is an European company..in order to diversify a bit away from US and from $... ...searching for more EU companies...preferably not in tech (I am overweight in tech)....

Someone agree with you....

There are different opinions on this topic...I don't know where is the truth... example: U.S. is unable to replace rare earths supply from China, warns CSIS

Thank you...great input....looking at it...

Hi, thank you for your comment. If you have some article or info to point me in the right direction to dig a bit out of curiosity I will really appreciate.

China has stopped exporting rare earths to everyone, not just the U.S. that's why Trump wants Greenland and "peace" between Russia and Ukraine I guess....

Not so sure as you are that inflation is less of a risk for BRK than for example goog or amazon etc.... the business model account for that too...

I was thinking if is a risk for BRK more than for other stocks ( like amazon or microsoft etc...) due to their lack of pricing power ( energy etc...) and the huge exposure to bonds....

HI, I am a huge Buffett fan...like everybody else and I am invested in BRK.... Wondering...how to frame the inflation risk with BRK.....often with an huge cash pile...not having an easy life to deploy all that cash...in case of big inflation... A counter point could be that if huge inflation comes also more opportunities to deploy that cash come too... What do you think?...Is strong inflation a "big" risk for BRK?

I don't don't put my trust in Xi but for sure I would prefer to make a deal with China that with US....and looks like the other countries are coming to this conclusion....China is more reliable than US...and China is and will be more technological advanced...they work their a$$ off while US people are just eating cheesburgers... (..I suppose US can call China people peasants and EU people parasites...that they are not...but other countries can not call US people obese...which they are...)

That's why US population should be ashamed of themselves Let's attract more US people on this thread...I have got cheeseburgers!!!!!...it will work...

American Obesity Rates Are Increasing. Here's How You Can Maintain A Healthy Weight | Henry Ford Health - Detroit, MI About 3 in 4...you are doing great You have to realize that when is time of putting money nobody give a crap of history books...if you are a bad business partner... ...and if you have ever read one history book in your life you would know it is cyclical...that US did well in the past means nothing for where it will stand in the future.... It is like saying Rome conquered the world...he must remain the best and most powerful city in the world....

Around 284 years... China around 5000 years... And your point is?