> The lesson of Moneyball is to 1) do what you love/what you are good at and 2) purchase undervalued assets.
> This is the same strategy that Warren Buffet has been using for decades.
Buffet has been using govt and others to produce undervalued assets that he then buys. (Did your CitiGroup investment have a govt guarantee?)
He also pushes tax policy that directly benefits him. (Hint - the "millionaire's tax" that he's pushing doesn't apply to him. Same with the estate tax - virtually none of his estate will be taxed. He sells insurance to other folks who will have to payit.)
Guess who benefits from delaying/killing Keystone XL? (Buffet's railroads aren't nearly as efficient as pipelines.)
> This is the same strategy that Warren Buffet has been using for decades.
Buffet has been using govt and others to produce undervalued assets that he then buys. (Did your CitiGroup investment have a govt guarantee?)
He also pushes tax policy that directly benefits him. (Hint - the "millionaire's tax" that he's pushing doesn't apply to him. Same with the estate tax - virtually none of his estate will be taxed. He sells insurance to other folks who will have to payit.)
Guess who benefits from delaying/killing Keystone XL? (Buffet's railroads aren't nearly as efficient as pipelines.)