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MikeBK205

10/03/17 3:54 PM

#833 RE: Lucullus #832

Let’s hope. I hear he doesn’t like splits, so maybe this could his a thousand+ too like Brk-A! I hear he will donate all his money when he passed away. Does that mean free shares? Im going to put some in my Roth I plan on contributing too 2018

bar1080

10/03/17 5:59 PM

#834 RE: Lucullus #832

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.

bar1080

10/04/17 7:15 AM

#836 RE: Lucullus #832

Buffett --and I-- tell new investors to read this one book. How come virtually no iIHUBers have read it, even though it's still totally relevant in 2017? In part they don't read it because IHUBbers don't read any books. LOLOL

https://www.cnbc.com/2017/02/02/billionaire-warren-buffett-discusses-the-book-that-changed-his-life.html