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| Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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01-01-2006, 10:06 AM
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CURATOR
Join Date: Jul 2004
Location: the attic
Posts: 14,572
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First Annual 2hp Nyd Quiz Thread
 Why was Warren Buffet one of the most successful investors in history? This one's a cinch. There are several arguable answers. But I am looking for just one. 2hp
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tada! |
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01-01-2006, 10:44 AM
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The Dirty Frenchman
Industry Role:
Join Date: Nov 2005
Location: Lost Angeles
Posts: 8,904
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Because when he started out he was getting a 30% return for his investers... in a market where 7-11% was the norm. Also beleving that great fortunes shouldnt be passed on from one generation to the next (he plans on leaving his estimated $40 billion fortune to his foundation). He diversified into insurance when berkshire-hathaway was first a textile firm.
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