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Warren Buffett's 10 Ways To Get Rich

warrenbuffett.com

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Re: Warren Buffett's 10 Ways To Get Rich

#4
post #2

why is this typo-riddled article, full of "folksy" tales, on the front page? "save money and reinvest profits"? is that so, cap'n obvious? :D

It's not obvious. Most of the people on this site, if they sold their website or whatever project for 100.000, will blow at least 20.000 on pointless stuff.

Re: Warren Buffett's 10 Ways To Get Rich

#6
This is his number five:

"5. Watch Small Expenses: Buffett invests in businesses run by managers who obsess over the tiniest costs. He one acquired a company whose owner counted the sheets in rolls of 500-sheet toilet paper to see if he was being cheated (he was)."

Do you believe in this? I totally don't. I think it's bullcrap. Anyone cares to prove me wrong?

Re: Warren Buffett's 10 Ways To Get Rich

#10
post #2

why is this typo-riddled article, full of "folksy" tales, on the front page? "save money and reinvest profits"? is that so, cap'n obvious? :D

It's not obvious. Most of the people on this site, if they sold their website or whatever project for 100.000, will blow at least 20.000 on pointless stuff.

I think it is pretty obvious; it's just not easy to restrain yourself from the temptation of getting a new toy, and it's too easy to rationalize why it's not necessary to save right now.
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