Help Me to Become a Millionaire (surely Billionaire is Better), Mr. Buffet, Please.

[wmck6167 10]

Well, I just think an interesting question, if I can know Mr. Buffet’s buying (if I had a telescope or a computer hacking program or insider), then I buy what he buy, can I become a millionaire? (of course, billionaire is even better!) If it is the truth, then following a successful person can guarantee my success shall be a norm. But why the world the portion of successful people is still so small? Have a fun and good luck.

[tradeshah 10]

Theoretically, this makes sense.

 

But it may not work with low capital... ?

 

The reason the world's population of 'wealthy' people is so small is because there is only so much wealth to go around and those that find it don't want to share the secrets necessarily. It took hard work to get there [usually].

 

Well, I just think an interesting question, if I can know Mr. Buffet’s buying (if I had a telescope or a computer hacking program or insider), then I buy what he buy, can I become a millionaire? (of course, billionaire is even better!) If it is the truth, then following a successful person can guarantee my success shall be a norm. But why the world the portion of successful people is still so small? Have a fun and good luck.

[christronic 10]

BERKSHIRE HATHAWAY "Buffet" is public so no need for hacking or telescope. Just read press releases.

[equtrader 10]

Well, I just think an interesting question, if I can know Mr. Buffet’s buying (if I had a telescope or a computer hacking program or insider), then I buy what he buy, can I become a millionaire? (of course, billionaire is even better!) If it is the truth, then following a successful person can guarantee my success shall be a norm. But why the world the portion of successful people is still so small? Have a fun and good luck.

 

Try to be original. Only then you will succeed.

[wmck6167 10]

“But it may not work with low capital... ? “

 

You point out a factor about the capital, although I did no know your capital range. During a shareholders meeting in 1999, Mr. Buffett lamented that he could generate 50% returns if only he had less money to invest. He couldn't compound $100 million or $1 billion, at a 50% rate. So I did the calculation, if I conduct trading with the 50k money and with 50% yield annually, then I can become a millionaire after 7th year. The future more, and then the more horrible profits produced based on the investments compounding. One the other hand, is that also inferred the lost risk is also increased if capital increased?

 

I maybe wrong, but I really want to become a millionaire with righteous time. Have a great weekend. Cheers.

[MightyMouse 12]

“But it may not work with low capital... ? “

 

You point out a factor about the capital, although I did no know your capital range. During a shareholders meeting in 1999, Mr. Buffett lamented that he could generate 50% returns if only he had less money to invest. He couldn't compound $100 million or $1 billion, at a 50% rate. So I did the calculation, if I conduct trading with the 50k money and with 50% yield annually, then I can become a millionaire after 7th year. The future more, and then the more horrible profits produced based on the investments compounding. One the other hand, is that also inferred the lost risk is also increased if capital increased?

 

I maybe wrong, but I really want to become a millionaire with righteous time. Have a great weekend. Cheers.

 

If you don't pay tax on the gains while you are earning your 50%, then you'll be in jail before you get to your million.

[wmck6167 10]

“Assuming you have the ability to become a millionaire,how much do you want it?”

It’s a future question it’s hard to answer the question from my point of view. But Mr. Buffet is a model I respect, enjoying the process (not the money) to achieve the target and I believe that there is no final target if you are enjoying the process.

 

“There's a price for everything.Do you think you can pay it?” It’s very personal and prefer not to answer the "promise type" question.

 

It's great to hear your comments.

[wmck6167 10]

"If you don't pay tax on the gains while you are earning your 50%, then you'll be in jail before you get to your million. "

 

You are absolutely right! We absolutely need to following the rules. Well, Mr. Buffet, I also need you to teach me how to file the tax efficiently since my math is bad, I always calculate 1 + 1 = 1 , please….

[tmcpherson 10]

Buffet is a great guy to follow, but I follow this premium twitter account that so far has helped me greatly and brought me about 62% in returns on my money

[wmck6167 10]

Buffet is a great guy to follow, but I follow this premium twitter account that so far has helped me greatly and brought me about 62% in returns on my money

 

Hi, It's so great to hear you make a good profit. I am more interested in a situation, sometime Mr. Buffet has bad luck, lost 62%, I am thinking how can I survive under that situation if I using my own money in investment.... So you definitely very smart. Did you steal his money? Just for joking, Cheers!

[tmcpherson 10]

Ha yeah sometimes you just have to ride it out and accept losses, they happen daily for me.

[wmck6167 10]

Buffet is a great guy to follow, but I follow this premium twitter account that so far has helped me greatly and brought me about 62% in returns on my money

 

I admire your smartness!

[Guest OILFXPRO]

Well, I just think an interesting question, if I can know Mr. Buffet’s buying (if I had a telescope or a computer hacking program or insider), then I buy what he buy, can I become a millionaire? (of course, billionaire is even better!) If it is the truth, then following a successful person can guarantee my success shall be a norm. But why the world the portion of successful people is still so small? Have a fun and good luck.

 

u need an indicator or e a to make billions:rofl:

[Ammeo 10]

Being a Billionaire is better than 99.9% things of this world but an extroadnary mindset would be needed in order to become a self-made bilionaire..