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Warren Buffett is not a day trader. To paraphrase, "My favourite holding period is forever." He is a good data point to demonstrate that long term investors ca
by goodcanadian 10y ago
Warren Buffett is not a day trader. To paraphrase, "My favourite holding period is forever."
He is a good data point to demonstrate that long term investors can beat the indices. Most don't, however, and it is my understanding that day trading is even worse. Just as there are professional poker players that can consistently make money, I'm sure there are some day traders that do very well, but it is not a skill that most people have.
- emodendroket 10y agoHe is also typically actively involved in companies he invests in, which sets him apart from somebody sitting around on e-Trade in a pretty big way.