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Re:Almost 80% of Private Day Traders Lose Money by bluGill on Monday August 22, 2016 @12:05PM (#12337260)
Warren Buffet has so much money in his control that he cannot beat the market - his very investments change the value of the good companies he invests in - and not in his favor. He can make small bets of companies, but even if the bets all pay off (they will not - even great investors make mistakes) it isn't enough to be very significant.
Re:Almost 80% of Private Day Traders Lose Money by falsestprophet on Monday August 22, 2016 @01:22PM (#12337864)
His scale also works in his favor for some transactions like municipal bond insurance or paying cash to acquire Fortune 100 companies.