Just For Thinking ...
Read? Trading for Income or Active Investing for Wealth? (3)
Why haven't more people copied his investment strategy? Buffett replies:
I don't know! It's not
about high IQ. It just seems not to resonate with some people and
talking about it or showing them the performance/results won't help.
They just don't feel good about it. I am also puzzled by why value
investing hasn't caught on. I mean, what other type of investing is
there? You want something other than value? But the things is, people
just don't want to believe. They elect things that are emotionally
satisfying. Even if you show them the results, they still don't believe
you. However, eventually proof comes through results.
"It just seems not to resonate with some people and talking about it or showing them the performance/results won't help."
"Even if you show them the results, they still don't believe you. However, eventually proof comes through results."
History doesn't just happen. Someone has to make it happen!!!
How do we react to history?
Tomorrow's History is made by someone who believe in History and takes the necessary steps in the Present and History may actually happen!
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