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Re: 2b942d post# 161

Thursday, 08/03/2017 9:46:43 AM

Thursday, August 03, 2017 9:46:43 AM

Post# of 246
What's stunning is how little interest "players" have in becoming better investors. My two Berkshire Hathaway boards (BRK) contain several simple distillations of "How Buffett Did it."

These distillations aren't my products. One is a simple 40 article from Yale.com. Some tips come verbatim from Buffett and Munger. Much of the advice -- not all -- can be applied by any newbie. I've used them to great effect. So have many prudent investors over at Seeking Alpha, MF and such.

Why no interest among IHUBers in copying Buffett? Because the essence of his method is: 1) Buy quality; 2) Stop the incessant trading; 3) Do a bit of homework.

To quote one IHUB Slobbering Penny Gambler: "Who Has Time For That." IHUBbers want a bigger bass boat or pickup truck THIS year. They crave thrills NOW! They have zero interest in becoming a billionaire if that takes decades. Many members are hardwired to be investment losers.

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