Re:Almost 80% of Private Day Traders Lose Money
by streblo on Monday August 22, 2016 @06:45PM
(#12339988)
Buffett isn't exactly buying index funds for BRK
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Re:Almost 80% of Private Day Traders Lose Money
by mgirdley on Monday August 22, 2016 @08:06PM
(#12340317)
He isn't buying a stock here or there either. He's mostly doing deals in bulk that the average investor can't. For example, his investment in Goldman Sachs during 2008.
Re:Almost 80% of Private Day Traders Lose Money
by seagreen on Monday August 22, 2016 @07:33PM
(#12340180)
The parent comment said criticisms of private day traders were motivated by jealousy, and I said that's certainly not the case for the most notable of the critics. Buffett could have made his success as a rodeo clown for all it matters to my point.