SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Buffettology

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tomato who wrote (821)12/27/1998 9:01:00 PM
From: cfimx  Read Replies (1) of 4691
 
Tom,

I am not saying Soros use of leverage is illegal. Only that it amplifies his returns. Buffet uses leverage (still does!) too but not in the way another poster described. Can you think how Buffet has used a ton of leverage over the years in a creative way?

Look at Train's The Money Masters and read about his still standing bet to any Technician. That will tell you truly how much it is worth.
Zippo.

Come to think of it, isn't Schwager the one who does the infomercials about some option trading system? Or is that Bernstein? Can't remember. What else has he written? Run Tom don't walk away from this guys ideas!! You'll have more to invest in Berkshire, or Baby B like me! People have to care to challenge the findings Tom! I care, but not enough to go prove him wrong. Nobody has time to check the facts!

A guy who makes 700% a year trading might do that two years in a row. Then he would lOSE 95% of his capital the next year. Traders don't get rich Tom, they start Web sites (street.com) and make their brokers rich, who make it coming and going.

Don't sell the Forbes 400 short Tom. If there were a trader who got really rich from trading, they would sniff him out through the grapevine and he would be FEATURED in Forbes. Much like if they caught Bigfoot. You'd definitely hear about it on 2020!

PS: I call you Tom for short. No insult intended!!!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext