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This is a bad guideline. Buffett never invested in MSFT, GOOG, AMZN, NVDA, META/FB, NFLX, TSLA and only very lately bought AAPL. Any early investor of these sto
by zooq_ai 3y ago
This is a bad guideline.
Buffett never invested in MSFT, GOOG, AMZN, NVDA, META/FB, NFLX, TSLA and only very lately bought AAPL. Any early investor of these stocks would have beaten BRK
Typically, growth stocks look expensive. Traditional 'Atom' companies had a limit to how much they can grow, while 'Bit' companies (I'm including AMZN, NVDA, AAPL here) seem to keep piercing the MAX frontier function.
Buffett of course doesn't invest in companies that he has little expertise in.
Rule of Investing : Build a model of the world and constantly update it with new information. Guidelines, Indicators, Correlations are meant to be broken.
Build an internal LLM that include long-term successful investors from Buffett to Shkreli and people with integrity like Aswath
- Ekaros 3y agoOn other hand take something like Cisco, which if you invested in 2000 would look like really really bad bed... It might be that today's Nvidia is Cisco from back then...