Warren Buffett told you to buy index funds.
He has never bought one.
Not once. Not ever. Not a single dollar.
He tells YOU to diversify. He puts 40% of his own money into ONE stock. Apple. Just Apple. One company.
Coca-Cola. American Express. Apple. Three bets. Held for decades. That's not an index. That's the opposite of an index.
But you listened. You bought the index. You got your 7% a year. He got rich.
Here's what nobody will say out loud.
Buffett gives the public advice that keeps them safe. He gives himself advice that builds empires. Those are not the same thing. They have never been the same thing.
There is a lecture where young Buffett walks into a university and says it directly. Diversification is protection against ignorance. Nothing wrong with that if you don't know what you're doing. But if you do know ��� it's insane.
Business schools quote Buffett on index funds every single day. They never show this lecture.
It is below.
He told you to diversify. He never did. You still think he was helping you?
@NYCMayor Corporations like Uber Eats and DoorDash have a lot of loop holes to avoid paying taxes unlike delivery works who pay income taxes that fund the “free stuff” here in NYC. 🙃
INSTEAD OF WATCHING AN HOUR OF NETFLIX TONIGHT.
This 1 hour MIT lecture will teach you more about building real Generational Wealth than 20 years inside any hedge fund, investment bank or financial institution.
Instead of watching an hour of Netflix, watch this 1 hour lecture on Bloomberg Terminal. It will teach you more about trading markets than a 2 month internship at Goldman Sachs or JPMorgan.
If you are serious about options trading, this 1-hour Yale lecture is non-negotiable.
60 minutes lecture can teach you more about options trading than 99% of options trading courses.
Save this and watch it without distractions. 📌