A Big Lesson from the Big Un Debacle, page-9

Never has buffets methods been so badly misquoted as this.

If you read the buffet partnership letters .
.where he returned circa 100% returns then you will.understand that massive gains can ne made.from taking no risks with limited capital

I am pretty sure at least 99% of people have no true understanding of buffet but they quote him often.

Buffet once said a few decades ago that if he had 1m or even 10m dollars to invest i would do 100% returns ......in fact he said he would guarantee it.

This isnt that hard with limited capital if tou know what you are doing and its done with no risk

Thier is a letter to shareholders of Berkshire hathaway of early to mid 1980s...
Perhaps is like 1982 or 1983 which describes a great good and gruesome business ........its completing reading for all investors imho