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Real McCoy

01/31/21 10:32 AM

#174401 RE: CUIN2 #174400

Warren Buffet is able to be EXTREMELY objective in his investments. Ruthless, actually. When the value is not there, he sells. He tends to invest in very well run companies that are established or even blue chip already that he believes will grow even more over time. He would NEVER invest in a stock that he could say with a straight face that he thinks will appreciate 40X in a year, because such a stock would be closer to a lottery ticket than an investment. That is an absolute certainty, because they are reasonably mature when he gets to them.
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JR30

01/31/21 11:13 AM

#174404 RE: CUIN2 #174400

That is true imo. The more diversified, the lower the reward and the risk. There are quite a few large companies today that were very risky when they first started, especiallyif they are the first one's in their market like VERB. TESLA is an example. And no, I'm not trying to compare the TESLA of today with VERB.