On entitlements: How many of you can honestly say that you would seriously be able to grow your business if you were given $ 1,000,000.00 with no strings attached?
Half of you can't even make a profit on $ 50.00 adwords vouchers, no matter how many times you sign up for a new google account.
It's the same thing with entitlements, someone isn't going to turn their lives around with free money given to them, they have to work hard for something in order to learn anything. Only then can they begin experiencing success. You don't get there without making mistakes, and when the government robs you of the opportunity to make mistakes, you never advance.
On Buffet: Did I miss something on what he did? As far as I know he's a buy and hold investor, just operating on common sense and patience. You research a company, gauge how well its being managed, and if you like what you see, buy a little bit of stock in the company every week or every month. Most people don't have the raw patience to stick it out when a company is going through its usual ups and downs, and even more people won't do the kind of research Buffet that seemed to be passionate about.
Is he still buying more companies? I hope not, it looks like his patience and common sense is weaning.
Half of you can't even make a profit on $ 50.00 adwords vouchers, no matter how many times you sign up for a new google account.
It's the same thing with entitlements, someone isn't going to turn their lives around with free money given to them, they have to work hard for something in order to learn anything. Only then can they begin experiencing success. You don't get there without making mistakes, and when the government robs you of the opportunity to make mistakes, you never advance.
On Buffet: Did I miss something on what he did? As far as I know he's a buy and hold investor, just operating on common sense and patience. You research a company, gauge how well its being managed, and if you like what you see, buy a little bit of stock in the company every week or every month. Most people don't have the raw patience to stick it out when a company is going through its usual ups and downs, and even more people won't do the kind of research Buffet that seemed to be passionate about.
Is he still buying more companies? I hope not, it looks like his patience and common sense is weaning.