My Thoughts on Warren Buffett Being an Evil Man

In my network of friends / family / colleagues, I’m most often known as ‘The Investment Guy’.

Because of this, I’m often asked about the latest trend in investing, whether it be years ago, gold and silver, the Greek Crash a couple years ago, or more recently, weed stocks and cryptocurrency.

To see our other videos in this series where i give my thoughts on weed stocks, crypto, diversification, retirement plans and more, click here.

Today, I’m talking about the above quote and another person in this same thread that said “Warren Buffett wasn’t a good stock picker.”

Let’s get to it…

So, the above happened a couple weeks ago.

Not sure why.

Not sure how.

Not sure if they were just having a bad day or what.

But the above quote was mentioned in one of the Value Investing Facebook groups I’m a part of, by one of the admins no less.

The original article in the group was talking about how Uber and Berkshire Hathaway / Warren Buffett were working on some kind of $3 billion investment in Uber by Berkshire.

The deal fell apart, but out of nowhere, one of the admins of this group comes into the post calling Warren Buffett an evil man.

He doesn’t give any kind of context, no thoughts, commentary, nothing.

Just calls Warren Buffett and evil man and then disappears from the thread with no more responses when people start calling him out.

Then another person comments and says “Warren Buffett isn’t even a good stock picker because all he does is pick stocks with insurance float and uses that float to his advantage.”

Huh?

So someone doing something better over 50 years than anyone in world history – investing – makes him not a good stock picker because he uses insurance float to his advantage – which is completely legal and ethical by the way.

So what does that make the rest of us peons?

Which leads me to another question.

If he’s the best ever and you think he’s not good, why are you even in an investment group and trying to invest at all?

Oh well…

These two people never responded to these types of questions before I left the group so I don’t know if they ever responded. I doubt it.

Why?

Because the admin who said Warren Buffet is an evil man, I’ve dealt with before in this group.

I detailed that in this post – Never Let Anyone Tell You That You Can’t-Do Something Because You Lack “Proper Experience”

NOTE HERE: Apparently, Facebook Live videos only last for a certain time so the video is no longer available above but the post is where I recap everything.

Yes, this is the same admin who told me I shouldn’t have written my book because I “lacked the proper experience.” He never responded to me clapping back at him on that post either.

I had to share this with you here because of how ridiculous both statements are that these people made

While I don’t deify Warren Buffett and turn him into a god like many value investors do, he’s a master, and to call him an evil man, and say he’s not a good stock picker, with zero reasons given for either, is just idiotic.

He’s a great role model for all of us and what we’re trying to build.

I hope you enjoy the ridiculousness of this situation and enjoy the video I made above detailing this. With a little of my sarcasm thrown in, for good measure, as I couldn’t even keep a straight face a lot of the time during this video,  because it’s so ridiculous.

I’d love to hear your comments on this below.

P.S. Check out our playlists in this series of investing and value investing educational videos here on our YouTube channel.

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