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re: Buffets advice
Posted on 1/24/16 at 7:47 pm to Janky
Posted on 1/24/16 at 7:47 pm to Janky
I own BRK. It's done well. It's not for everyone as it pays no dividends, and the average person will need to sell in order to realize a gain, especially at retirement time. At least BRK.A shares. Which brings into play at what point they sell, and price timing. In the aggregate, and based on historical appreciation this shouldn't be an issue. But it could be if we had a repeat of 2008 as an example, and that was the point a retiree needed to sell at.
I'm under no misunderstanding about some of Mr. Buffett's business practices. He is likely neither less ethical, nor more ethical than the rest. But to say he is 100% honorable I'd have to disagree with.
I'm under no misunderstanding about some of Mr. Buffett's business practices. He is likely neither less ethical, nor more ethical than the rest. But to say he is 100% honorable I'd have to disagree with.
Posted on 1/24/16 at 8:38 pm to Iowa Golfer
Warren Buffet is a terrible human being. He makes his money off of Mexican drug deals and insider trading.
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