Comments on: Simple Investing Advice From Warren Buffett

By: shah

shah — Tue, 09 Mar 2010 14:01:01 +0000

I think Buffet made more money actually from insurance than stock market.

By: Monevator

Monevator — Mon, 08 Mar 2010 20:12:03 +0000

Unlike BG, I’m a big Warren Buffett fan. In fact I’m re-reading his biography The Snowball!

Your tips are a good summary. There’s so much to him though, you could keep folding out his past and his strategy like an origami.

By: BG

BG — Sat, 06 Mar 2010 04:18:23 +0000

Link to Buffett’s January 2010 comment:
http://www.businessweek.com/news/2010-01-20/buffett-opposes-obama-bank-fee-likens-plan-to-taxing-congress.html

By: BG

BG — Sat, 06 Mar 2010 04:17:40 +0000

September 2008:
Buffett says “We MUST pass the bailout, or face an economic Peal Harbor”:
http://www.youtube.com/watch?v=qCMn7g4DJHY

January 2010:
Buffett says “Most of the banks didn’t need to be saved”

I trust Buffett about as much as I trust a politician. The US taxpayers have lost _billions_ to specifically bailout Warren Buffett.

By: Sam

Sam — Thu, 04 Mar 2010 21:05:15 +0000

Thanks, JLP.

By: ctreit

ctreit — Thu, 04 Mar 2010 20:38:40 +0000

These six tips are not that hard to list. It is yet another story to bring them to life. When we make our own investment decisions we are a long way away from Warren Buffett’s. This applies to almost any one of these 6 items. Just think about how many people got suckered into buying hot internet stocks 10 years ago or red hot real estate until only a few years ago.

For me the biggest challenge is #4: “value”. Buffett has a much deeper understanding of what constitutes real value than I will ever have. Besides, if we were all like Buffett, there would be another kind of guy who would outdo all of us Buffetts.