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Re: Babar post# 838

Monday, 07/03/2017 11:30:37 AM

Monday, July 03, 2017 11:30:37 AM

Post# of 1380
Babar, successful investments are boring, rarely rising more than 10%-15% a year. That's because real businesses rarely grow faster than that. The magic is in the compounding over years and decades. Thrill-seeking Lottery players rarely get rich in stocks. Stocks are way too slow for them.

Similarly, it's hard to find a more boring guy than Warren Buffett who usually spent his evenings reading stacks of financial reports. That's one reason his first wife divorced him even tho he was among the wealthiest young men in Omaha at that time. He's worth about $90 billion now.


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