WEB:The Oracle of Omaha- Warren Buffett: Re: Re: Billionaire's reputation buffeted by investigations

» arommel88 - Re: Re: Billionaire's reputation buffeted by investigations

In response to Re: Billionaire's reputation buffeted by investigations posted by Jas_Jain:

The problem with Warren Buffet is that he has been too successful. A lot of people have read his news letters and there is a lot of me too money managers out there. I have suspected that value based investing could actually turn out to be ironically, pricer than it was in tha past. What is also a factor is that the information is out there and there is much less of a chance of the market missing something in the range that could make a difference for the assets he manages. If Warren finds a good penny stock and doubles his money he could make an easy million, but what good does that do him? He has made mention that he has a structual problem in how big he is. He is now part of the market.

I remember how the market adjusts in college. In and assortment of stategy games it seemed that I got the hang of them rather quickly from the group of friends I happend to be in. I think I understood things like fight battles you can win, concentrate force, use mobilty, calculate odds, feign weakness/strength, use fodder etc. My ability to win began to cause behavior changes as they began not only to look at my tactics but also to double team me. I was able to adjust and keep winning but I could see a potential ceiling effect in the available tactics and counter tactics(some were not even concerned with winning, they were there to make me lose). They were getting better and were it not for graduation cutting it short I suspect I would have had a much tougher time(It was harder and harder to win, in one game 2 players suicided themselves into me. It was too much and I lost). Investing is one of those multi-player games of a sort.

-- posted by arommel88