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Leverage is one big thing. Buffet is a money manager, so he takes outside money, and make money off of that. Most of Silicon Valley engineers won't do that. 195
by bisRepetita 10y ago
Leverage is one big thing. Buffet is a money manager, so he takes outside money, and make money off of that. Most of Silicon Valley engineers won't do that. 1956 is when he started taking serious outside money.
Then there is early luck and talent.
http://www.valuewalk.com/2015/05/warren-buffett-partnership/ http://www.valuewalk.com/2015/05/warren-buffett-partnership/