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Re: Lucullus post# 832

Tuesday, 10/03/2017 5:59:29 PM

Tuesday, October 03, 2017 5:59:29 PM

Post# of 2129
Understand that plenty of IHUBers HATE Buffett's method because it's the exact opposite of how they crapshoot. IHUBbers search for 100-baggers and never find them. Buffett strives to grow his portfolio about 10-15% a year ... and he generally achieves that (and more from his leverage).

Buffett owns almost entirely blue chips; IHUBers buy junk.

BRK is run like a business; IHUBbers run their investments like a bad lottery.

IHUBbers love charts; Buffett never uses charts.

I could go on and on about why IHUBbers fail while Buffett continues to succeed. Go back and read my last few years of BRK board posts where I've compiled a How-to on the Buffett Method.

BTW, I'm a wealthy lawyer with decades of investment experience.


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