Time for some Buffet Advice, page-15

hi I am not defending kibaran (I am long Bass Metals, by far best graphite inevstment opprotuinity on ASX, already producer with revenue), but sorry you are also misrepresenting buffett investment style and confounding the young small capital buffett and the rich large capital buffett, who tells you he only invests in companies with dividends ? he is a value investor, he invests in undervalued companies dividends or not. Also buffett started investing NOT IN BLUE CHIPS but in microcap companies, no investor with small starting capital will ever going to become rich by investing in blue chip companies (which are low risk low reward fairly valued companies with very limited upside potential, buffett started with 50% average annual gainss, no dividends no blue chips, only highly risked undervalued blue sky potential microcaps).

To better understand Buffett and how he started in microcaps, I highly recommend you read this article by Ian Cassel :
https://microcapclub.com/2015/01/the-first-million/

or this one :
https://microcapclub.com/2015/08/warren-buffetts-net-worth-by-age/

Quote from buffett :
“If I was running $1 million today, or $10 million for that matter, I’d be fully invested. Anyone who says that size does not hurt investment performance is selling. The highest rates of return I’ve ever achieved were in the 1950s. I killed the Dow. You ought to see the numbers. But I was investing peanuts then. It’s a huge structural advantage not to have a lot of money. I think I could make you 50% a year on $1 million. No, I know I could. I guarantee that.”– Warren Buffett