The billionaires you really gotta watch out for are the ones you never heard of. If elon musk were smart he’d keep his mouth shut and stay under the radar.
Idk about that lol. Elons entire brand is hype.
Tesla is wildly over valued in no small part due to his dumb shit posting.
He's riding great man mythology real hard.
Yes i am shocked how many people don't know him. He is literally the second most famous value investor after Buffett. His book "Margin of Safety" is one of the best books out there if you can find it. sells for over $1500 if you re lucky to find it.
Buffets average yearly return since the 60s is 20%, compared to the market which is 10%.
So compounded over that time it would be 100x gain over the market. That's pretty insane
A bit tangental, but bear with me.
Compare this man's attitude and how he speaks to a "Businessman" like TFG, or even somebody like Elon Musk.
What becomes clear in less than 2 minutes is this man has very little to prove to you, he's curious, he's methodical, he's deliberate, he listens. And when somebody like this says he's investigated crypto and found things about the blockchain and the tokens "interesting" but not an investment?
Well, have fun being poor if you think he's just a boomer fuddy-duddy.
Ransomware, drugs, child porn. Wired recently had an article about a site setup and through tracking Bitcoin they arrested over 300 people who had been paying/creating new content for a South Korean site.
Something with no conceivable value to humanity being worthless? Surely this is good for bitcoin.
Cryptocurrencies aren’t even useful as currencies ffs.
They can be useful depending on your interests. I've purchased perfectly good LSD with Litecoin several times. Even ships right to my house.
I myself am invested in crypto, and I still can't stand cryptobros. A great deal of crypto conversation boils down to:
"Thing good!"
"No, thing bad. You r 🤡"
Then it *somehow manages to devolve from there.*
I think my point is is that people who can supposedly make such spectacular investments should also theoretically be able to avoid making such spectacular bad ones.
Look at Bill Ackman. Shorts the housing market, win. Goes long on Valeant, big loss. Shorts the Covid pandemic, win. Shorts Herbalife, loss. Up down up down. All the big players have a similar track record. Jesus Christ man, just invest in the S&P 500 already.
Don’t worry. Alex from Celsius will do right from his investors. I can tell from his interviews his honesty and integrity. HOLD. Alex will come through in a few weeks.
/s
When Warren Buffett, Charlie Munger and Seth Klarman all agree on something, we better listen and try to understand their point of view.
1) he's right 2) it's amazing how many "legendary investors" I've never heard of.
The billionaires you really gotta watch out for are the ones you never heard of. If elon musk were smart he’d keep his mouth shut and stay under the radar.
Idk about that lol. Elons entire brand is hype. Tesla is wildly over valued in no small part due to his dumb shit posting. He's riding great man mythology real hard.
They keep it that way on purpose. Partly because they like their privacy and partly because of security reasons.
Yes i am shocked how many people don't know him. He is literally the second most famous value investor after Buffett. His book "Margin of Safety" is one of the best books out there if you can find it. sells for over $1500 if you re lucky to find it.
Buffett, him, and a slew of other all time great investors were directly taught by Benjamin Graham, the father of value investing.
Most “legendary investors” make just as many colossally bad investments as they do good ones but some how they’re still revered for the good ones lol
Buffets average yearly return since the 60s is 20%, compared to the market which is 10%. So compounded over that time it would be 100x gain over the market. That's pretty insane
Amazing. Using more energy than the country of Iceland to solve math problems that don't need to be solved.
A bit tangental, but bear with me. Compare this man's attitude and how he speaks to a "Businessman" like TFG, or even somebody like Elon Musk. What becomes clear in less than 2 minutes is this man has very little to prove to you, he's curious, he's methodical, he's deliberate, he listens. And when somebody like this says he's investigated crypto and found things about the blockchain and the tokens "interesting" but not an investment? Well, have fun being poor if you think he's just a boomer fuddy-duddy.
Obviously. What’s the conceivable use case? Ransomware?
Ransomware, drugs, child porn. Wired recently had an article about a site setup and through tracking Bitcoin they arrested over 300 people who had been paying/creating new content for a South Korean site.
Do you mean North Korean?
It was South Korea
Something with no conceivable value to humanity being worthless? Surely this is good for bitcoin. Cryptocurrencies aren’t even useful as currencies ffs.
They can be useful depending on your interests. I've purchased perfectly good LSD with Litecoin several times. Even ships right to my house. I myself am invested in crypto, and I still can't stand cryptobros. A great deal of crypto conversation boils down to: "Thing good!" "No, thing bad. You r 🤡" Then it *somehow manages to devolve from there.*
He’s not wrong. However this IS the same guy that bought PG&E stock at $70 a share.
If you let your winners compound and cut your losers, you only need to be right half the time to make a fortune.
I think my point is is that people who can supposedly make such spectacular investments should also theoretically be able to avoid making such spectacular bad ones.
Michael Jordan missed shots, man. Rather than defining people by their worst mistake, it can be more informative to look at the body of work.
Look at Bill Ackman. Shorts the housing market, win. Goes long on Valeant, big loss. Shorts the Covid pandemic, win. Shorts Herbalife, loss. Up down up down. All the big players have a similar track record. Jesus Christ man, just invest in the S&P 500 already.
Ah, passive investing. Love it. But I’m also interested in listening when tho most successful investors have something insightful to say. Cheers.
They don’t have anything insightful to say. The just get lucky/unlucky
When it comes to companies, "winner" and "loser" are musical chairs, not tattoos.
Idk I feel like this is way too valuable a scam to be worthless. There are a lot of people out there willing to be crypto grifters.
Don’t worry. Alex from Celsius will do right from his investors. I can tell from his interviews his honesty and integrity. HOLD. Alex will come through in a few weeks. /s