nport

Lessons From Madoff: You Would Have Missed Buffett Too

I say it's your money..do it for yourself..an IQ of 100 will do nicely. Buffett has said.."This is not a game where IQ matters..Just be normal or average, have patience, be determined." Read..read..read..lear... Buffett's Math and his alphabet..CDM Circle of competence, Durable Competitive Advantage, Managers who think like owners, Margin of Safety. Be greedy right about now, and be fearful when they say this time it's different. I say don't trust anyone under 30..come to think about it, don't trust anyone over 30. WEB also said, "We like to hire people with 2 qualities, Intelligence and integrity. If the latter is lacking, the former will kill you."