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5 cokes, McDonalds, and Dairy Queen - The Secret to Riches and Long-Lasting Life?
Posted on 4/26/19 at 10:40 am
Posted on 4/26/19 at 10:40 am
Warren Buffet - 88 years old - drinks 5 cokes a day and eats fast food.
On another note - What does someone like Buffet do all day at work? Just analyze numbers?
quote:
At 88 years old, Warren Buffett’s infamous all junk food diet Opens a New Window. hasn’t slowed him down one bit.
The billionaire admitted in an hour-long interview with the Financial Times that he still gulps down five cans of Coca-Cola a day, eats McDonald’s chicken nuggets at least three times a week and loves Dairy Queen ice cream for dessert.
quote:
“I’m not bothered by the thought of my death,” Buffett told FT, noting that despite his age and poor eating habits, he stills “jumps out of bed” every morning to go to work and has no plans on retiring any time soon.
quote:
“I checked the actuarial tables, and the lowest death rate is among six-year-olds. So I decided to eat like a six-year-old. It’s the safest course I can take,” Buffett told Fortune.
On another note - What does someone like Buffet do all day at work? Just analyze numbers?
This post was edited on 4/26/19 at 10:41 am
17
Posted on 4/26/19 at 10:41 am to StringedInstruments
Not post on message boards. No read social media. I think it is more what he doesn't do all day that is important.
Posted on 4/26/19 at 10:48 am to StringedInstruments
It’s a genetics thing. Look at the person that never smoked a day in their life having lung cancer and passing at 43 and the person who smoked 40 plus years and dies at 85.
Posted on 4/26/19 at 11:05 am to StringedInstruments
Is Buffet a financial genius or did he luck out with his initial investments?
Posted on 4/26/19 at 11:12 am to StringedInstruments
quote:
On another note - What does someone like Buffet do all day at work? Just analyze numbers?
he has said that this point he pretty much...
1) Makes/approves all major (major as in a billion or more) business acquisitions
2) Hires/fires/reviews his senior staff including some of the larger subsidiary CEOs
3) Meets with a bunch of college kids - something like over 100 schools a year send students to spend the day with him
That's about it. He has a couple of guys who manage the stock portfolio, and several division execs that manage entire groups of subsidiary companies.
Posted on 4/26/19 at 11:13 am to bad93ex
quote:
Is Buffet a financial genius or did he luck out with his initial investments?
both. plenty of financial genius have made fatal financial errors. He would tell you he is lucky to be born in the united states during one of the best market runs in history. He will tell you he is lucky interest rates have been so low. He will even tell you he is lucky on a handful of investments.
The thing Buffett is that makes him most successful isn't luck or genius it is that he is emotionally stable. Many just cannot handle the ups and downs of investing even financial geniuses. They panic.
This post was edited on 4/26/19 at 11:14 am
Posted on 4/26/19 at 11:14 am to bad93ex
quote:
Is Buffet a financial genius or did he luck out with his initial investments?
Little bit of both
He bought a textile mill that wasn't profitable but threw off a ton of cash. Instead of reinvesting in the company, he basically let the company die and invested in a bunch of other companies, which were great investments. And off he went.
But insurance is what made him big. He realized that if he held enough insurance reserve cash, he could keep the earnings off of that cash and put them to use.
Posted on 4/26/19 at 11:17 am to StringedInstruments
I did none of what he did and am dying of stage 4 colon cancer at age 48.
frick that old man
frick that old man
Posted on 4/26/19 at 11:19 am to StringedInstruments
People like Buffet do whatever they want all day.
That is the point of becoming that successful. You do whatever you want.
Want to meet with a new business partner? Sure. Don't want to? frick it. Literally don't have to do anything.
That is the point of becoming that successful. You do whatever you want.
Want to meet with a new business partner? Sure. Don't want to? frick it. Literally don't have to do anything.
Posted on 4/26/19 at 11:22 am to Paul Allen
Agreed. People in excellent shape have hear attacks all the time
Posted on 4/26/19 at 11:24 am to StringedInstruments
The difference between Buffet and some baw from Bama with the same diet is Buffet doesn't sit on his arse all day and do nothing.
Posted on 4/26/19 at 11:26 am to StringedInstruments
Trump also eats like shite. Purely mental and genetic.
Posted on 4/26/19 at 11:27 am to StringedInstruments
I'm pretty sure he reads most of the day. At least the interviews ive seen him do, he is reading a shite ton about markets, companies, and things like that
Posted on 4/26/19 at 11:27 am to waiting4saturday
quote:He’s a lardass. WB isnt.
Trump also eats like shite.
Posted on 4/26/19 at 11:30 am to lsu13lsu
quote:
lsu13lsu
It’s not very often I find someone intelligent enough to make me take time out to read their post history.
You’re a smart man or woman
This post was edited on 4/26/19 at 11:53 am
Posted on 4/26/19 at 11:46 am to Tester1216
quote:
You’re a smart man or women
Posted on 4/26/19 at 11:50 am to StringedInstruments
His secret to riches is to rob the hell out of the already poor.
Watch John Oliver Last Week Tonight on Mobile Homes
Watch John Oliver Last Week Tonight on Mobile Homes
Posted on 4/26/19 at 11:52 am to Hangit
I didn’t know their gender and didn’t want to offend.
And btw...that was talk to text.
And btw...that was talk to text.
This post was edited on 4/26/19 at 11:54 am
Posted on 4/26/19 at 11:54 am to danfraz
quote:
I'm 51 and the 2011 regular season was the most fun over ever had watching sports. And it's not really close. That was just great fun
quote:
I did none of what he did and am dying of stage 4 colon cancer at age 48
Sorry to hear that but
Posted on 4/26/19 at 11:55 am to danfraz
Prayers Dan
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