No. of Recommendations: 0

The Motley Fool ads for their newsletters have been repeating Buffet's comment about making 50% CAGR if he was dealing with smaller amounts, pumping it for all it's worth. Maybe so, but somehow I don't think reading a TMF newsletter will turn you into Warren Buffet.

Maybe smart guys can outperform the S&P 500 consistently.


i read an unauthorized biography of Buffett ..... he wasn't just smart (based on the book), he worked REALLY hard and was a little bit lucky.

and 'smaller' is relative ...iirc, he started with several hundred K$ ... equivalent of maybe several mill now.



=
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement