A.I.M. Users Bulletin Board

[ls7550]

Saw this on another board ...

Warren Buffet isn't Warren Buffet because he is a "value investor". His methodology is not what made him successful at all. People that try to worship and copy his methodology are missing the boat entirely. He has become as successful purely because he has super human levels of discipline. When the media are fear mongering and fear is at extremes he is the only person in the room putting large sums of money into the markets. When we are in a meltup and the media is saying there is nowhere to go but up, he is the only person in the room sitting on a pile of cash. This is not natural, and it is not easy at all. Matter of fact, it's almost impossible for anyone to do this.

... and smiled. The poster is obviously unaware of AIM :)

Clive