tag:blogger.com,1999:blog-1602023866179666640.post2519729477679534272..comments2024-03-22T00:30:54.666+08:00Comments on Create Wealth Through Long-Term Investing and Short-Term Trading: Climbing your investing or corporate ladder?Createwealth8888http://www.blogger.com/profile/08563834016250153049noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-1602023866179666640.post-10291868595884330502012-03-08T10:16:11.836+08:002012-03-08T10:16:11.836+08:00WB's answer below:
"If calculus were req...WB's answer below:<br /><br />"If calculus were required, I (Warren Buffett) would have to go back to delivering papers. I’ve never seen any need for algebra. Essentially, you’re trying to figure out the value of a business. It’s true that you have to divide by the number of shares outstanding, so division is required. If you were going out to buy a farm or an apartment house or a dry cleaning establishment, I really don’t think you’d have to take someone along to do calculus. Whether you made the right purchase or not would depend on the future earning ability of that enterprise, and then relating that to the price you are being asked for the asset."<br /><br />There you have the answer. <br />So don't say GOD is not FAIR.<br />We are all make differently to succeed in our own ways.<br />And you know i am only ITE (IT's The End)educated.Amen.<br />Shalom.Anonymousnoreply@blogger.com