Jump to content

Buffett Author: Warren Doesn't Rely on Luck


Recommended Posts

Guest dealraker

All this focus on whether Buffett is lucky (Taleb) or has aged into stupidity for buying BNI (Greenwad).  Funny stuff really.  Envy: The only sin that gives no pleasure. 


I remember well a temporarily esteemed investor writing: "No one should buy the stock of Berkshire Hathaway because Buffett admits he does not understand technology stocks."  That investor was happy to announce that they had 100% of their money in tech (March 2000).  I find it incredible that readers think that Buffett has ever-ever-ever bought a popular stock.  He's always wrong people!  That's why he's Warren Buffett or Warren Un-Buffett or whatever.

Link to comment
Share on other sites

Well, if anyone in this story is making stupid statements for the purpose of self-promotion, it would be this person. At least now I know better then to pick up the book that is conveniently mentioned.


Too bad, it is a good book for anyone interested in derivatives. 

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Create New...