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 Fallacy about long fund, hedge fund & fund manager, 90% fund managers do worst than you!

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SUSjasonhanjk
post May 10 2009, 03:36 AM

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QUOTE(kokofai @ May 8 2009, 11:09 PM)
But the fact is, when WB says something, everyone seems to believe in him so much. In other words, everyone treats him just like a GOD!
Yeah he might not be that good as u said, but the fact is, he made billions of billions. he's rich, he's brilliant, he's so influential.

This is a FACT. What can u do to prove that he's not good? WE CAN'T! coz... it's the fact. he's GOD. We don't have any "right" to comment on him.

yes u can...
U cannot prove him wrong until u become the world's richest man one day. smile.gif
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God, never makes mistake.

Warrent Buffet mistake is when he take over Berkshire Hathaway.
SUSjasonhanjk
post May 10 2009, 10:12 AM

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QUOTE(kokofai @ May 10 2009, 04:31 AM)
Of coz you can be like warren buffet, provided that you can do it at the right time, right place, and with the element of luck. Which has one of a million chance. How many people are there on this earth?

Of coz nothing's is wrong if u try to be like him. Even if u can't but i guess what u learnt would transcend a lot of people. Which makes u a better person, or perhaps, wealthier? smile.gif
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Rich, middle-class and poor are choices that one make.
Everyone can be rich but not many choose to do it.
By paying attention to their word, you can spot their choices.

To be like WB, is not to do what he do.
It's to be a WB then do as WB and finally having what WB have.
Be, do and have.

The words we say are our being-ness. The Be part.
Most people just want to do and have. Most of them would not be rich.


To be rich, change our vocabulary.

This post has been edited by jasonhanjk: May 10 2009, 10:19 AM
SUSjasonhanjk
post May 10 2009, 03:52 PM

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QUOTE(kokofai @ May 10 2009, 12:57 PM)
sounds so 高深莫测 hehe. But I agree that not all choose to be one.
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其实是蛮简单的。

Words like "It takes money to make money" and "The rich are greedy" is not in my vocabulary.

One thing I do agree.
Most people that choose not be an investor, they should stick to a financial plan.
Mutual fund is one of the plan that suits them.
SUSjasonhanjk
post May 11 2009, 09:45 PM

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The strength of an investor is being neutral.

 

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