People are now comparing FORW to Berkshire to try to make a point. Let that sink in a bit. FORW/Berk... Since it is National Beer Drinking Day and I know my audience... Lets run with it.
Buffett started out screwing with penny stocks. He was called out by the SEC several times for his trading strategies. If many of you were alive in the 70's, you would be putting ads in the NY Times suggesting that people call the SEC to complain about the scam trader, Buffett. He would get richer, and you would get angrier.
Berkshire's first real large investment was in Coca Cola with 23 mil shares at 18x earnings. A couple years later he bought another 75 mil shares. A stock that he never sold, but used the appreciation in value to increase the company's worth. He eventually owned a little over 9% of Coke - still does. Never once was Coke a subsidiary of Berkshire.
Now I would never consider buying Berkshire, but at one time I did own 11 mil shares of FORW. Some said I was crazy, but things turned out really good for me. For those modern day ad writers, not so much.
I expect lightning to hit twice here. I will either make a ton of money in the next round too, or I will lose value in my free trading shares.
Thank you to everyone who regularly celebrate this great holiday not just today, but every day of the year, for your great advice on what I should do with my money. But unless you did even half as well as me, I really am not interested in your trading strategies. I don't feel sorry for the animals in those tv commercials. In fact, I turn the channel before my dogs and cats can see them - my kittens will actually cry if they see it, but not me. I also don't cry for the people who lost bigly buying TSLA stock over $400/share. I never had the need to tell anyone "i told you so." I know some people lost money in every stock, so "don't you feel sorry for people who bought at the top" logic doesn't work for me.
Now quit wasting time and go drink a beer. It's national beer drinking day!
