Tuesday, May 21, 2013

Warren Buffet

Stock trader? Nope!

Business man? Yes!

Why? He does NOT trade.

How? He gets UNLIMITED money supply from GEICO.

Can we do that? Yes or No. We have to first own a business that gets unlimited money supply --- keyword "unlimited" aka continuous --- this is the hardest part.

My take-away --- get Buffet's mentality; learn his business acumen; trade as a real trader ... if lucky, get a business like Geico, then copy Buffet!

Salute to Buffet --- you are a business genius!