I will never undertand this people that live all their life working, when they clearly have the chance to retire much sooner. I will retire right away if I had 10 millions. Maybe 50 millions if I was younger than 40.
Warren Buffett steps down as Berkshire Hathaway CEO after six decades
31–40 of 612 posts
Re: Warren Buffett steps down as Berkshire Hathaway CEO after six decades
#32I will never undertand this people that live all their life working, when they clearly have the chance to retire much sooner. I will retire right away if I had 10 millions. Maybe 50 millions if I was younger than 40.
I'm at that point now, debating when I'll retire. We only live once and I'm not sure if I should continue working. I've reached financial freedom at a pretty young age. It's a daily debate in my mind when to call it quits, but I've never not worked and it's difficult to make the change. What I'm missing in life is time and that's what work takes from me and is the driving force behind my desire to retire -- time to d…
Re: Warren Buffett steps down as Berkshire Hathaway CEO after six decades
#33I will never undertand this people that live all their life working, when they clearly have the chance to retire much sooner. I will retire right away if I had 10 millions. Maybe 50 millions if I was younger than 40.
— Voltaire
Re: Warren Buffett steps down as Berkshire Hathaway CEO after six decades
#34I will never undertand this people that live all their life working, when they clearly have the chance to retire much sooner. I will retire right away if I had 10 millions. Maybe 50 millions if I was younger than 40.
Re: Warren Buffett steps down as Berkshire Hathaway CEO after six decades
#35I will never undertand this people that live all their life working, when they clearly have the chance to retire much sooner. I will retire right away if I had 10 millions. Maybe 50 millions if I was younger than 40.
I agree with you. There are so many more worthwhile things to do than investing. I would also retire immediately with that kind of money and focus on creating real value in the world
For folks with the ability to make truckloads of money and then give it away to good causes, that is going to be the best choice v trying to add value in the world to make themselves feel better.
Re: Warren Buffett steps down as Berkshire Hathaway CEO after six decades
#36Re: Warren Buffett steps down as Berkshire Hathaway CEO after six decades
#37Earlier quoted context omitted.
Buffet's strategy assumes a rational market, so I wouldn't expect it to work as well in an environment where stock market valuations are increasingly vibes-based and often wildly inflated by circumstances that should be illegal (like selling X to xAI to generate a voodoo valuation). Arguably the entire market is heavily overvalued now, though, so while his strategies are probably no longer optimal, they'll probably c…
“in the short run, the market is a voting machine… but in the long run, the market is a weighing machine.” Ben Graham
Re: Warren Buffett steps down as Berkshire Hathaway CEO after six decades
#38I just asked ChatGPT what Warren Buffett's strategy is, and it said buying undervalued companies and holding for a long time. Is that true? I thought it's not a good idea to buy loser companies.
Re: Warren Buffett steps down as Berkshire Hathaway CEO after six decades
#39I will never undertand this people that live all their life working, when they clearly have the chance to retire much sooner. I will retire right away if I had 10 millions. Maybe 50 millions if I was younger than 40.
Re: Warren Buffett steps down as Berkshire Hathaway CEO after six decades
#40I will never undertand this people that live all their life working, when they clearly have the chance to retire much sooner. I will retire right away if I had 10 millions. Maybe 50 millions if I was younger than 40.
I agree with you. There are so many more worthwhile things to do than investing. I would also retire immediately with that kind of money and focus on creating real value in the world
Imagine if I said "there are so many more worthwhile things to do than painting" if some famous artist retired.