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Warret Buffet's company just bought a railway for that amount. He reckons the US economy is on the way back up and he anticipates a rise in fuel costs which will give rail freight an advantage over trucks.
I watched Buffet (79) and his 85 year old vice president in a BBC documentary on iPlayer last night and both still have very sharp minds. But there has to come a time when the edge goes. How many 80 year old pro gamblers are there?
I watched Buffet (79) and his 85 year old vice president in a BBC documentary on iPlayer last night and both still have very sharp minds. But there has to come a time when the edge goes. How many 80 year old pro gamblers are there?
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He's not senile, he's got the money, so what's the problem ?.
The only thing is that he's probably not going to live long enough to see the final success ( or otherwise) of his investments made now.
He himself admits he is a long term investor and so he must have decided that it is still worth doing these deals for his successor to take over.
Btw the analogy with 80 yr old pro gamblers is quite ridiculous.
The only thing is that he's probably not going to live long enough to see the final success ( or otherwise) of his investments made now.
He himself admits he is a long term investor and so he must have decided that it is still worth doing these deals for his successor to take over.
Btw the analogy with 80 yr old pro gamblers is quite ridiculous.
How about 80 year old chess players? 80 year old Nobel Prize winners?
You seem to be entirely ignorant of the fact that peoples' intellectual capabilities decline with age. That makes you ridiculous.
You seem to be entirely ignorant of the fact that peoples' intellectual capabilities decline with age. That makes you ridiculous.
I'm not saying they don't decline.
I'm saying that if you are a genius, you are still probably way smarter than pretty much everybody else, even at 80 yrs old.
It's all relative baby.
Don't like being called ridiculous?
How precious is that ?.
I'm saying that if you are a genius, you are still probably way smarter than pretty much everybody else, even at 80 yrs old.
It's all relative baby.
Don't like being called ridiculous?
How precious is that ?.
Btw from the sound of things I definitely don't think you should consider gambling if and when you turn 80 yrs old.
In fact, you might be wise to consider giving it up now.
In fact, you might be wise to consider giving it up now.
Yeah.
Us 80 year olds just hate being called dumb.
Us 80 year olds just hate being called dumb.
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