Banter and general comments, page-5955

@cophot like your posts mate!!!

I am a true believer of Warren Buffet and Charlie Munger; both old school but even look at their portfolios ; they don't believe much in diversification either ; do your due diligence; fundamentals; CEO, market reach and 5 years strategy and buy the stock and ( stick to it !!!); forget the noise ; let the analysts bicker amongst themselves while you keep your head down and let your investments work for you !!!

That is why he bought Coke, American Express and then Apple

CXO is a baby now ; do babies never grow up? It takes time ; I for one am always impatient and it hurts immensely when you move your portfolio around based on some damn analysts or some chartist doom and gloom chart predictions just to see your previous stock shoot up !!! do markets go down then up ? yes ... so keep hold ; time sorts it out for you if you know the overall strategy; next 5 year outlook is good to great to incredible for Lithium.... hmmm why wouldn't I hold ? and listen to analysts tell me otherwise (who has not invested themselves either or get a huge commission )

Warren may be old school but he is sitting on billions$$$ and thinking ... damn we have been so good we have all this cash to invest ... the issue is where do we invest ; are there any great companies based on his due diligence ? His problem is not making money but time ; he is no longer in his 20s ; he has done his time in the markets and done extremely well ... why ? Buy and forget ; Time will grow your crops

People want instant gratification, instant cash riches ; the media is all about Lamborghinis and the Instagram life style ; buy now pay later ... then never then debts !!!

old school always wins ; I am of the new generation of investors but I live by old school ways; in this new media quick money rich frenzy panic market ; it doesn't take much to play us now a days ; try playing Warren ; in his interviews he is always destroying these Wall Street gurus ; why? media frenzy Wild West BS !!!

So back on CXO ; think why you invested in CXO in the first place ? So why ask now ... oh its SP is not going up ? give it time ; that's all I say ...

have an awesome weekend everyone and @Meerahisboss