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re: Buffets advice

Posted on 1/24/16 at 9:58 pm to
Posted by Statsattack
Il
Member since Feb 2013
3897 posts
Posted on 1/24/16 at 9:58 pm to
What are your thoughts on conspiracy theories? Was reading up on conspiracy theories and realized how Buffet has more "market knowledge" than 99% of Americans and he has invested or money is stored in a world bank.

I am under the impression of him and Bill Gates trying to get many millionaires to donate money to balance the wealth in America.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10232 posts
Posted on 1/24/16 at 10:06 pm to
He's a Democrat, consequently one needs to watch and listen to him carefully. I don't concern myself too much with his predatory lending and the other stuff. But he tends to speak carefully, and sometimes untruthfully.

But I own a bunch of stock in companies that have unethical ceo's, and make money however they can, ethics be damned. So I'm a hypocrite. I'm not the morality police.

Frankly, I'm getting to the point that the less I know, the happier I am. I think I'll probably have all of my money managed at some point soon. I'm don't pay that close of attention to it now as it is, and I like to go fishing in Guatemala and stuff like that. And I'm going to start doing stuff like that a bunch more. I'm back where it's cold for a couple of weeks, so I'm bored, and want to leave.

How's that for an answer?
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