this post was submitted on 01 Apr 2024
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Exactly, getting a 20% return on average for years and years is what makes Warren Buffet one of the best Investors. Getting a good year can happen to anyone.
Also, huge gains while investing in 0.001% of a company is one thing. Maintaining those gains when the funds under your control represent major stakes in the companies you invest in, enough to get board seats and move prices by your transactions alone, is another thing entirely.
They just happen to drive policy on what the government spends money on.
Truly enlightened opinion. I don't agree.
I absolutely agree they shouldn't be able to hold stocks. But just giving a percentage they made this year doesn't really tell you anything.
It's like saying there is no global warming after a colder than usual winter.