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Post# of 179937
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speed_of_light

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Saturday, 05/25/2019 4:21:05 PM

Saturday, May 25, 2019 4:21:05 PM

Post# of 179937
"Warren Buffett, one of the most successful stock pickers of all time, really wants you to stop picking stocks.

It’s counterintuitive, I know. But that’s what Buffett told the Financial Times in a recent interview."

"Now Buffett says to just own the S&P 500 index through a low-cost index fund and your results will be about the same as his, and maybe slightly better.

“I think it’s the best investment — because most people don’t know how to pick stocks. And — most of the time I don’t know how to pick stocks,” Buffett told CNBC." (Markewatch)

So, folks, please stop citing WBuffet in support of picking stocks...and especially penny stocks such as POTN!

It's just plain ludicrous...
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