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Topic: Why everyone learn from Warren Buffett? - page 2. (Read 1097 times)

hero member
Activity: 1148
Merit: 523
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I will never believe the centralized market pioneer guys while I go to invest or do any decision. These centralized whales never say truth to us and they looking to do the hidden investment on the blockchain business and etc.
That is what Mcafee, Warren, Bill Gates and many people doing many malfunctions in the form of news. Please do not trust such people.
member
Activity: 1204
Merit: 38
Because he is one of the proof that anyone can become rich by investments but I don't think he revealed any of his successful strategy to anyone which is the secret thing of his successful career. If you want to be one of the millionaire then you need to work for it and it not need to be smarter and unique, just following others I will not make you Richer.
sr. member
Activity: 1988
Merit: 453
Warren Buffet made his fortune a few decades back. If he use the same strategy now, then he will end up as a pauper. Buffet have been very hostile to the idea of crypto-currency. Not just that, I have noticed his lack of interest in anything linked to modern innovation. He still want to live in the 1970s and 1980s. And unfortunately a lot of guys still respect him for that.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
Not all but some learn from warren because warren is a wise and smart guy  he knows what he says  however some guys didnt like the attitude of warren  because warren is sometimes too cocky   .  But for me i think i will only listen and learn from those good philosophers that dont hate and bash bitcoin & other cryptocurency   .
People admire Warren Buffett because he has proven himself as one of the richest people in the world, and he gets his wealth by buying troubled stocks, then polishing them into expensive stocks.
All investors learn from Warren Buffett's success and imitate the way of thinking and analyzing stocks. But his opinion about crypto is often a debate because of doubts about crypto.
As far as I know that is not his approach, he buys fundamentally solid companies and tries to make them even greater but he does not have a plan to sell his stocks, he does this with the idea of never selling and holding those stocks forever, obviously it does not always works like that but that is his goal, and there are some reasons for it, the most obvious is capital gains taxes, if he were to sell some of the stocks from his companies and he did it with a profit he will need to pay huge taxes and he does not want that.
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Activity: 330
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Warren Buffett’s investments haven't always been successful, but they were well-thought-out and followed value principles. By keeping an eye out for new opportunities and sticking to a consistent strategy, Buffett and the textile company he acquired long ago are considered by many to be one of the most successful investing stories of all time. But you don't have to be a genius "to invest successfully over a lifetime," the man himself claims.
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Activity: 314
Merit: 10
“A nexgen decentralized ride hailing ”
Not all but some learn from warren because warren is a wise and smart guy  he knows what he says  however some guys didnt like the attitude of warren  because warren is sometimes too cocky   .  But for me i think i will only listen and learn from those good philosophers that dont hate and bash bitcoin & other cryptocurency   .
People admire Warren Buffett because he has proven himself as one of the richest people in the world, and he gets his wealth by buying troubled stocks, then polishing them into expensive stocks.
All investors learn from Warren Buffett's success and imitate the way of thinking and analyzing stocks. But his opinion about crypto is often a debate because of doubts about crypto.
full member
Activity: 1638
Merit: 122
Not all but some learn from warren because warren is a wise and smart guy  he knows what he says  however some guys didnt like the attitude of warren  because warren is sometimes too cocky   .  But for me i think i will only listen and learn from those good philosophers that dont hate and bash bitcoin & other cryptocurency   .
legendary
Activity: 1834
Merit: 1036
Some of his ideas are really practical and applicable in real life. Like example "“Beware the investment activity that produces applause; the great moves are usually greeted by yawns.” usually we hear great applause when some pyramiding scheme hiding as a multi level marketing plan being presented and those who applause are the one who already earned millions to attract more investors.
hero member
Activity: 924
Merit: 502
People follow Buffett advice because he is successful in what he does and many want to emulate him, however if anyone lost money with his advice or find it to be not good enough then this could simply mean that you need to find your own money making formula, what works for one person is not going to necessarily work for another since many things depend on your personality, most cannot be long term holders because they do not have the necessary patience to keep holding their coins or stocks when the price goes down but that does not mean they do not have what it is necessary to become successful since they could become traders instead and make money that way.
When you listen to what Warren will advice to us, it means so valuable as time goes by. Right now as people applied his principles of not pulling all eggs in one basket, I guess it made a huge difference in all aspects of business as well as bitcoin does for long time. For now, as the learnings and knowledge took place on all people behind crypto, many of us value the importance of saving and spending.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
People follow Buffett advice because he is successful in what he does and many want to emulate him, however if anyone lost money with his advice or find it to be not good enough then this could simply mean that you need to find your own money making formula, what works for one person is not going to necessarily work for another since many things depend on your personality, most cannot be long term holders because they do not have the necessary patience to keep holding their coins or stocks when the price goes down but that does not mean they do not have what it is necessary to become successful since they could become traders instead and make money that way.
member
Activity: 770
Merit: 10
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I wonder why a lot of people like to quote the article wrote by/ speech by Warren Buffett. And most of them regard him the king of value investor. Also all the school praise how good he is, and all of us should follow his philosophy. I didn't make a lot of money following his books, and most of the time I found his books contradicting with each other, to be honest I loss a lot of money following his value investing, but once I get into bitcoin, I'm quickly to make a lot of money, and knowing that Warren Buffett do not like bitcoin from bottom of his heart, I don't know why, I think learning from Warren Buffett is a big mistake, and I regret reading his books altogether. And in contrast, I know none of the quote made by Satoshi, because I don't even know what it is behind the white paper, I can barely read them.
haha. You have chosen the wrong field. In the crypto market, it is not considered a well-protected market and manipulation always happens. There are many potential businesses but they have the right to use investors' money to do other things but investors still can't do anything about them.
Besides, value investment in crypto market is a mistake. We can only trade to earn profit and hold will definitely make us poor.
At the WB, I learned a lot of his good qualities and his way of thinking about a project. If you are good enough to understand his thinking, you will succeed in the stock market. But not in crypto. Cheesy
sr. member
Activity: 1162
Merit: 258
1xbit.com
I wonder why a lot of people like to quote the article wrote by/ speech by Warren Buffett. And most of them regard him the king of value investor. Also all the school praise how good he is, and all of us should follow his philosophy. I didn't make a lot of money following his books, and most of the time I found his books contradicting with each other, to be honest I loss a lot of money following his value investing, but once I get into bitcoin, I'm quickly to make a lot of money, and knowing that Warren Buffett do not like bitcoin from bottom of his heart, I don't know why, I think learning from Warren Buffett is a big mistake, and I regret reading his books altogether. And in contrast, I know none of the quote made by Satoshi, because I don't even know what it is behind the white paper, I can barely read them.

Honestly, Buffet's quotes and advice are all great has common sense on it, but in terms of contribution to humanity on technology and breakthrough he is nothing against Satoshi Nakamoto, you only need to believe, on his works and understand the technology, to reap the great rewards attach to it..
In this case he is a figure in the Stock and several points in providing an understanding of the investment aspects some match with cryptocurrency. That is why even though there are differences in investment aspects, the knowledge is still useful because there are still several important points recommended by the WB.
sr. member
Activity: 2030
Merit: 269
I wonder why a lot of people like to quote the article wrote by/ speech by Warren Buffett. And most of them regard him the king of value investor. Also all the school praise how good he is, and all of us should follow his philosophy. I didn't make a lot of money following his books, and most of the time I found his books contradicting with each other, to be honest I loss a lot of money following his value investing, but once I get into bitcoin, I'm quickly to make a lot of money, and knowing that Warren Buffett do not like bitcoin from bottom of his heart, I don't know why, I think learning from Warren Buffett is a big mistake, and I regret reading his books altogether. And in contrast, I know none of the quote made by Satoshi, because I don't even know what it is behind the white paper, I can barely read them.

Honestly, Buffet's quotes and advice are all great has common sense on it, but in terms of contribution to humanity on technology and breakthrough he is nothing against Satoshi Nakamoto, you only need to believe, on his works and understand the technology, to reap the great rewards attach to it..
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
I don't know lot more about the Warren Buffett but after reading your topic there is something in my mind going on to explore more about his lifestyle and story and probably it is also helpful for lots of people lives in to change into a different dimension.
If you dont know who he is what he has been doing, why bother to comment in this thread at all? You guys just cant stop spamming one-liners to get your post counts done. Grin

Warren Buffett is just a stock market salesmen, most people sell goods, he choose to sell share, he create M2 money and sell it legal to the world while calling bitcoin a fraud because it backed by nothing, his shares is backed by his words and his books, also his promise, also he don’t want poor people to buy his share, he only want to sell to rich people.
But to be honest this is how the world works. Like it or not. Bitcoin even does not give power back to the poor. The poor remain poor and the rich remain rich. Because the same rich are the same big time whales of bitcoin as well. The poor people have no chance of getting a tables turned moment. That would never happen. Besides the rich have become rich because of their intelligence at manipulation and creating chaos among others. Thats how they can take the divide and rules methods to conquer the economy. Even though it seems strange but whales are the reason small cap hodlers cant move their coins without getting through losses.
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
Why he is the most successful investor?

Because he never revealed his success technique so following his geberic ideas will not make us a warren buffet but what we have to do is just take him as an example,he believed and invested that is why he is more successful than others.

He was the most successful investor, don't forget about that. He's an old man now, 88 years old, and his brain is unable to process all that new information from the past 10 years. He said it himself, in one interview I watched, that he's relying on the opinions of his advisors regarding Bitcoin and blockchain technologies because they are younger and better oriented in the subject. Thus we can't know what  that Warren Buffett, 20-30 years ago, would say about investing in BTC, for instance.

No way, he probably has the team of world’s best researching team that money can buy who know every in’s and outs of nearly everything , I doubt he is just being sarcastic or using the deceiving words by calling youngster are talking bad about crypto too, and he get the source from the young people so it must be true, and at the same time we believe his vicious claims. He probably know more about crypto and earlier than any of us, I think he just pretending to be so clueless about it.

Stop it. It's really cruel to suppose that a 88 years old guy is just pretending about being unable to comprehend new and sophisticated technologies. It's a fact that our brain's abilities decrease with age.



General changes that are thought to occur during brain aging include:

Brain mass: Shrinkage in the frontal lobe and hippocampus - areas involved in higher cognitive function and encoding new memories - starting around the age of 60 or 70 years.


He was a genius investor in the past, no doubt about that, but right now people(I mean journalists and alike, not his family and friends) should just leave him alone and let him rest. And it's not even about him personally, any of us wouldn't be able to learn new complicated things at his age.
STT
legendary
Activity: 4060
Merit: 1448
Quote
WB isn't comfortable with taking risks like that, and that's totally fine.  So while I have great respect for the man, I realize we're on opposite ends of the investment spectrum.  That probably holds true for a lot of us on this forum.


Nobody here is cursed with the burden Warren Buffet must carry daily which is the task of investing 40 billion or more and getting a good price to buy with returns above normal.     To invest giant amounts and still find value is not easy to do.  
One of his quotes also is he would love be less then millionaire because he could he could at least quadruple his worth in a few years just by quick investing in many things he knows is too cheap.  Being small is a great advantage, the relevance to Bitcoin is the amount of growth is far beyond normal enterprise and its to do with engaging the very smallest elements of business done world wide I think.     These things are opposite to Buffet, he can find no worth in Bitcoin and praises government bond policies that result in 1 or 2% interest rates.   The trillion dollar movements of debt shifting around is useful to him, the game of marbles that is bitcoin is not.
The endless debt policies will eventually bankrupt any country that operates that way but he has a personal bias to praise that effect, I do think some of his venom for Bitcoin is that he can find no purpose to it and maybe thats because its not built to serve the largest entities, every person is biased to their own view of the world and he is no different.

Excluding tech which Buffet admits is a blind spot to him, just holding gold investments for the last two decades would have out performed any expertise Buffet has managed to apply.    My lesson from Buffet would be know your own game, you dont have to know every game but make sure you are certain of your own
member
Activity: 700
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Probably most of them didn't really follow Warren Buffett. They just like his idea, his life story, his motivational word or way become successful person without trying to do what he has done. And you are here with full of scars as a result for applying his idea on your real life. Of course, he hates Bitcoin, because this decentralize world could change everyone's philosophy and start to leave him.
yes i do think people will follow the success story and warren buffet is definetly not an open person and he did trying to make bitcoin looks bad cause bitcoin has a lot of potential to defeat the current market stock.
yes, with a decentralized world, making changes to 180 degrees, thus changing all the current economic order that has been going on for a long time. of course the way of life of successful people will be an inspiration to many people
full member
Activity: 1554
Merit: 116
0xe25ce19226C3CE65204570dB8D6c6DB1E9Df74AC
Why he is the most successful investor?

Because he never revealed his success technique so following his geberic ideas will not make us a warren buffet but what we have to do is just take him as an example,he believed and invested that is why he is more successful than others.

He was the most successful investor, don't forget about that. He's an old man now, 88 years old, and his brain is unable to process all that new information from the past 10 years. He said it himself, in one interview I watched, that he's relying on the opinions of his advisors regarding Bitcoin and blockchain technologies because they are younger and better oriented in the subject. Thus we can't know what  that Warren Buffett, 20-30 years ago, would say about investing in BTC, for instance.

No way, he probably has the team of world’s best researching team that money can buy who know every in’s and outs of nearly everything , I doubt he is just being sarcastic or using the deceiving words by calling youngster are talking bad about crypto too, and he get the source from the young people so it must be true, and at the same time we believe his vicious claims. He probably know more about crypto and earlier than any of us, I think he just pretending to be so clueless about it.
full member
Activity: 1498
Merit: 146
Probably most of them didn't really follow Warren Buffett. They just like his idea, his life story, his motivational word or way become successful person without trying to do what he has done. And you are here with full of scars as a result for applying his idea on your real life. Of course, he hates Bitcoin, because this decentralize world could change everyone's philosophy and start to leave him.
yes i do think people will follow the success story and warren buffet is definetly not an open person and he did trying to make bitcoin looks bad cause bitcoin has a lot of potential to defeat the current market stock.
He knows about bitcoin and it has capability of breakig the current centralized ecosystem of economics so which will make opportunity for everyone to be on so the current top people will not let it to happen.Just learn how to become rich but don't hear anyone's words because this is selfish world no one is going to help us without any personal benefits for them.
full member
Activity: 728
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The Standard Protocol - Solving Inflation
Probably most of them didn't really follow Warren Buffett. They just like his idea, his life story, his motivational word or way become successful person without trying to do what he has done. And you are here with full of scars as a result for applying his idea on your real life. Of course, he hates Bitcoin, because this decentralize world could change everyone's philosophy and start to leave him.
yes i do think people will follow the success story and warren buffet is definetly not an open person and he did trying to make bitcoin looks bad cause bitcoin has a lot of potential to defeat the current market stock.
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