OT: Stock and Investment Talk
- By RUAldo
- Rutgers Football
- 34014 Replies
It’s way before my time, but it’s my understanding WB got his start when information was power and hard to get. Unless you had a Bloomberg terminal or access to inside info, you were stuck reading stale stock charts and analyst opinions in trade journals or the Finance sections of newspapers. By the time social media and the internet changed investing forever WB was already sitting pretty.One of the greatest investors (Warren Buffet) of all time says hello. He largely buys and sells based on fundamentals. I agree 100% that you can’t always just base purchases on fundamentals, but to say you wouldn’t buy anything is ridiculously absurd. There have been many great companies that I have purchased based on fundamentals that have made me a lot of money (and I still own them) while I have lost my shirt on several when I strayed from looking at fundamentals.