is don't listen to rate ballio that's principle number one if you buy. his book you could use it as a doorstop or maybe kindling wood but it has no practical value as a source of information it's a plagiarizing aristotle from 2700 years ago for one thing and it's just a lot of verbiage i mean if you it's a lot of words it's a word salad meaning nothing well you know who do does get celebrated by the market by market commentators by the likes to see n.b.c. is jack welch now jack welch of course ran general electric from 1901 to 2001 the stock price increased by 4000 percent under him but it was a one time trick everybody is now trying to copy him of course what he did is just hollow out general electric general electric used to being an amazing american corporation that built this country turned us into an industrial powerhouse amazing engineering well he came up with a clever idea of getting rid of all the expertise getting rid of technology getting rid of manufacturing getting rid of all the stuff that germany now controls essentially and just turning t

buffett putting the money to work so but warren buffett has a track record is vastly superior to ballio so i i don't understand why he thinks we're interested in this thoughts he's obviously trying to justify his low returns last year the nasdaq was up 40 percent the stock markets were up in general about 25 percent he himself has his investors only received 0.25 percent i don't know if that even covers all the fees they have to pay him and his crew but he lost money but maybe now he's capitulating that could be a sign of his capitulating is like i'm going to jump into this market maybe he didn't believe in it because a lot of people are intellectualising this and the fed can't control everything the fed can't do this the fed can't do that what he was trying to do perhaps was fight the fed a lot of people try to fight the fed peter schiff tries to fight the for. everybody tries to fight the fed and the fed loses or the fed wins until it will suddenly lose i just don't understand why how can so migrate dahlia in a market that's between 25 and 40 percent not even make one half of one perc

buffett putting the money to work so but warren buffett has a track record is vastly superior to ray ballio so i i don't understand why he thinks we're interested in this thoughts he's obviously trying to justify his low returns last year the nasdaq was up 40 percent the stock markets were up in general about 25 percent he himself his is investors only received 0.25 percent i don't know if that even covers all the fees they have to pay him and his crew but he lost money but maybe. now he's capitulating that could be a sign of his capitulating is like i'm going to jump into this market maybe he didn't believe in it because a lot of people are intellectualising this and the fed can't control everything the fed can't do this the fed can't do that what he was trying to do perhaps was fight the fed a lot of people try to fight the fed peter schiff tries to fight the fed everybody tries to bite the fed and the fed loses or the fed wins until it will suddenly lose i just don't understand why how can so migrate deleo in a market that's between 25 and 40 percent not even make one half of one percent