The Long Term Investor

Discussion in 'Investing' started by WXYZ, Oct 2, 2018.

  1. WXYZ

    WXYZ Well-Known Member

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    HAVE A GREAT WEEKEND EVERYONE.
     
  2. WXYZ

    WXYZ Well-Known Member

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  3. WXYZ

    WXYZ Well-Known Member

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    A fun little article. BUT.....I believe that in the end being an investing or business GENIUS is like anything else. First you have to be born with an extreme talent in business. A God given and very rare gift. Second you have to have the life experiences, education, and the right personality to achieve success. Third you need some LUCK at just the right moments. AND....genius in one area does NOT translate in the slightest to ability or success in another area.

    Which genius from history would have been the best investor?

    https://www.ft.com/content/5d2166f5-965b-45b2-a604-9f0a6fc19a35
     
  4. WXYZ

    WXYZ Well-Known Member

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    The....short....week to come.

    What to Expect in Markets This Week: Christmas Holiday, GDP, Consumer Confidence, Jobless Claims

    https://finance.yahoo.com/news/expect-markets-week-christmas-holiday-100000685.html

    About the only thing that will matter this week will be GDP. Consumer confidence.....irrelevant and simply BS data. Jobless claims....distorted and unreliable data.....and old news.

    The main thing.....HAVE A GREAT CHRISTMAS.....celebrate with family and be thankful for all that we received from the markets and life in 2025.
     
  5. WXYZ

    WXYZ Well-Known Member

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  6. WXYZ

    WXYZ Well-Known Member

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    LOL.....as if Wall Street professionals can give advice on how to run the Warren Buffett empire. These MORONS...could have NEVER done what Buffett and Munger did. Anyone listening to them will turn the company into just another Wall Street clone.

    The BEST thing the management at Berkshire could do is simply follow the HUGE road-map that is set out in the many, many, years of Bufffett news-letters and commentary. Of course I doubt they will do this....they will follow their own course and the company will slowly fade.

    You will know it is all over for Berkshire when the management starts talking about spinning off holdings to create shareholder value. I would give them about 2-4 years to reinvent the company and LOSE all the values and investing strategy that made it great.

    It will not take long for executives to bail out and move on....the LURE of big CEO pay at other companies that think they carry some of the Buffett and Munger magic. Unfortunately that magic will be found to have been inherent in....Buffett and Munger and will NOT be duplicated.

    Abel takes over for Buffett in less than two weeks. Wall Street has some advice for new Berkshire CEO

    https://www.cnbc.com/2025/12/20/abe...et-has-some-advice-for-new-berkshire-ceo.html
     
  7. WXYZ

    WXYZ Well-Known Member

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    HERE is my SP500 Index......PREDICTION....for 2026.

    At year end....2026....the SP500 will be in the range.....7800 to 7900.

    If I am right...YEA. If I am wrong.....YEA. a meaningless prediction game for me......but I like to take a swing at this since all the professional experts will be doing so and most of them will be WRONG as usual.
     
  8. WXYZ

    WXYZ Well-Known Member

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    And as to the above....my 2025 "prediction".....PERFECT...... at 6800 to 6900.
     

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