1080
They're such great investors!
(lemmy.world)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 01 Apr 2024
1080 points (97.7% liked)
Political Memes
5196 readers
3074 users here now
Welcome to politcal memes!
These are our rules:
Be civil
Jokes are okay, but don’t intentionally harass or disturb any member of our community. Sexism, racism and bigotry are not allowed. Good faith argumentation only. No posts discouraging people to vote or shaming people for voting.
No misinformation
Don’t post any intentional misinformation. When asked by mods, provide sources for any claims you make.
Posts should be memes
Random pictures do not qualify as memes. Relevance to politics is required.
No bots, spam or self-promotion
Follow instance rules, ask for your bot to be allowed on this community.
founded 1 year ago
MODERATORS
Exactly, getting a 20% return on average for years and years is what makes Warren Buffet one of the best Investors. Getting a good year can happen to anyone.
Also, huge gains while investing in 0.001% of a company is one thing. Maintaining those gains when the funds under your control represent major stakes in the companies you invest in, enough to get board seats and move prices by your transactions alone, is another thing entirely.
They just happen to drive policy on what the government spends money on.
Truly enlightened opinion. I don't agree.
I absolutely agree they shouldn't be able to hold stocks. But just giving a percentage they made this year doesn't really tell you anything.
It's like saying there is no global warming after a colder than usual winter.