Join our investing community

Warren Buffett

Discussion in 'Shares' started by Tropo, 9th Jan, 2013.

  1. Tropo

    Tropo Well-Known Member

    Joined:
    17th Aug, 2005
    Posts:
    3,394
    Location:
    NSW
    Warren Buffett
     

    Attached Files:

  2. aschwarz

    aschwarz New Member

    Joined:
    10th Jan, 2013
    Posts:
    1
    Location:
    Brisbane, QLD
    Interesting read and I think you make some valid points. I actually joined this forum to ask some questions regarding hybrids but I came across this and as an admirer of warren buffet I thought I could throw in my 2 cents.

    I think you could honestly use charts and statistics to just as easily show that buffet IS the greatest investor of all time. $1 invested in Berkshire since its purchase by buffet would yield a return greater than just about any other investment out there. Adding to the point; buffet himself would readily admit that the returns of Berkshire during its early years are not sustainable, and that, contrary to what you have said, high returns are more easily achieved with small sums of money than with the massive fortunes that Berkshire has to invest in order to move the dial. The relatively low returns of Berkshire shares since the 90s demonstrate this.

    I'm not saying he's the greatest investor in the world, just that you could use the numbers either way, depending how you present them.

    I do think you're right in pointing out that much of his recent ventures, even his earlier ones, cannot be imitated by the average investor. Rather, I see buffet as serving as an example of the success that the teachings of Benjamin Graham can bring to those with the patience and fortitude to really achieve value investing. I've only been at it for 2 years so my returns are hardly demonstration of anything, in 20 years we'll see if I'm just a chump or not I suppose!
     
  3. Tropo

    Tropo Well-Known Member

    Joined:
    17th Aug, 2005
    Posts:
    3,394
    Location:
    NSW
    Trade Like Warren Buffett

    Trade Like Warren Buffett
     

    Attached Files:

  4. Redwing

    Redwing Well-Known Member

    Joined:
    9th Jun, 2006
    Posts:
    476
    Location:
    PERTH..WA

    Hi Tropo,

    It look like they are just using the Dow, rather than the Dow + Dividends such as with an accumulation index?
     
  5. Tropo

    Tropo Well-Known Member

    Joined:
    17th Aug, 2005
    Posts:
    3,394
    Location:
    NSW
  6. jodie123

    jodie123 Active Member

    Joined:
    15th Aug, 2012
    Posts:
    34
    Location:
    Brisbane, Qld
    Always a good idea to listen to what the experts have to say - and they don't get more expert than Warren Buffett.