In this thread will mention 6 reasons why the world is not able to see the next Buffet. If you learn something new,make sure that you #retweet so that others in the community too can learn as sharing is caring.
Nah I am not going to say dont use leverage or typical trading stuff but the fact is that most of us don't have leverage like Buffet has.Buffet uses leverage of his insurance co. for which he doesn't need to pay interest but rather gets premium. Smart haan?
Readers are leaders.I know most of you would argue but its in public domain that Bill Gates reads a book/day and right from childhood was avid reader,so is Mark Cuban and the amt of reading Buffet did 300-500pgs/day for 20+yrs is INCREDIBLE.
I tired,couldn't.
At the age when Buffet started making money,I was busy playing gilidanda.Buffet started at 11 that too with utmost seriousness and focus. In the age of tech we are so distracted that we dont focus and parents are so protective that we start mainly in mid 20s.
I always say patience is a commodity which is rare in supply these days.Look around you,stocks not performing for 3-4 years and people have tagged value investing dead and here is man who patiently holds for ages,while everyone looks for instant gratification.
When Buffet started,for years he could find undervalued co.s with good moat for unbelievably low prices.With the rise in institutional investors and algos,several computers started exploiting these opportunities,making it lil tough
People are simply confused these days and are picking growth stocks assuming they are value based stocks.When Buffet buys,he doesnt look what media is saying or what is there on Twitter,he buys as a BUSINESSMAN who wants to run business for ages.
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