Monday, January 23, 2012

A true great man ... Warren Buffet!

http://www.bloomberg.com/news/2012-01-23/buffett-blames-congress-as-romney-pays-15-tax-for-shoving-around-money-.html

“He makes his money the same way I make my money,” Buffett said. “He makes money by moving around big bucks, not by straining his back or going to work and cleaning toilets or whatever it may be. He makes it shoving around money.”

Few points for us from those lines above:
  1. Thought process of a true capitalist
  2. To call a spade a spade in all situations
  3. Leading by example
  4. Big money comes from big money only
  5. You make it big when you move it
On market:

Stay with the trend. A new high is expected in all probablities. Follow the market. Losing a few bucks at the top & bottom does not matter much.

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