3 ms·
(copy from a comment I made half a year ago) "The way to become rich is to put all your eggs in one basket and then watch that basket." - Andrew Carnegie The
by sobani 9y ago
(copy from a comment I made half a year ago)
"The way to become rich is to put all your eggs in one basket and then watch that basket." - Andrew Carnegie
The way Buffett invests is by reading all day, everyday and once in a while making a very informed investment. Most people haven't even reached the level of staying away from 'sure things' and panic selling during bad news.
How many people would've been able to stay away from IT stocks during the dotcom boom, to even not invest in the company of one of your friends. (Bill Gates and Buffett have known each other since '91)
How often do you, as a 'master', break rules that you would tell a 'apprentice' are immutable?