Warren Buffett is getting a lot of pub because he recently held his annual press conference that people tune in to, as if he'll magically tell them how to become an overnight billionaire.
You want the secret? Here it is...
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You want the secret? Here it is...
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Get super lucky and start a string of businesses as a young teenager that provide you with a net worth like THIS before you reach adulthood.
Here's his net worth in today's dollars through time.
Did you have this much then? No? Then you blew it. Sorry.
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Here's his net worth in today's dollars through time.
Did you have this much then? No? Then you blew it. Sorry.
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Even Warren will tell you, he can't see the future.
He just has *always* had a lot more money and patience than you.
Oh, and a lot of luck.
But even his stock picks were as terrible at times as the rest of us.
Here's $BRKA during the crash.
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He just has *always* had a lot more money and patience than you.
Oh, and a lot of luck.
But even his stock picks were as terrible at times as the rest of us.
Here's $BRKA during the crash.
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If you want to be impressed by his enormous wealth (and luck), that's awesome, do that.
But stop thinking the man can see something you can't.
He was just a lucky, hard-working teen who grew up to be a lucky, extremely wealthy man.
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But stop thinking the man can see something you can't.
He was just a lucky, hard-working teen who grew up to be a lucky, extremely wealthy man.
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$SPY $SPX $VIX
