Top 8 of Top Blog Post Of The Year 2020

In today’s episode, we talk about the Top 8 of Top Blog Post Of The Year 2020. This is my thoughts on Warren Buffett being an Evil Man.

Although it may have been a crazy year on many levels.

Sign up to our mailing list here and get 5 Free Gifts that will help you evaluate stocks better and faster.  One of these allowed me to evaluate 3,943 stocks in 40 days manually... And I want you to have it for free.

The pandemic beginning for most of the world in March caused mass lockdowns, fear, business closures, job losses, and bankruptcies. And currently, there was a major market crash in March that led the market to fall 6,400 points or 26% in a matter of days.

It was so bad, that it was the fastest fall in global stock markets since the crash in 1929 that led to The Great Depression.

In between, we had racial injustice issues in the United States leading to riots and protests. The most toxic presidential election in the United States history. And, now lockdowns again as we head into 2021 due to the still rapidly increasing cases of the coronavirus, and subsequently leading to daily death tolls that could surpass 3,000 per day for 90, or more days according to the Director for the Centers of Disease Control (CDC).

Apparently, this year has been hard, to say the least for most of us.

But in terms of the market and what we talk about here on the blog; furthermore, it’s been mostly back to normal since about May. After the initial set of stimuli by governments and Federal Reserves worldwide stabilized. Hence, it saved the world economy for instance from collapsing, stock markets worldwide roared back.

As of this writing, the markets now surpassed 30,000 points for the first time ever and are still sitting near an all-time high.

See Data Below:

In fact, the market has been historically volatile.

But that doesn’t mean your stock hasn’t gone up if you’ve kept investing.

In the meantime, let me do my full end-of-year portfolio review in January sometime where I’ll share the yearly results of the portfolios I manage. And thereafter, everything else me and my team accomplished this year.

But as we head into the Christmas and New Years’ break, I wanted to take some time and recap the top 9 blog posts from this year as I always do this time of year.

  • A) So myself and my team can take a bit of a break to spend with our families and unwind.
  • B) To help recap some of the best blog posts from the year because we post a lot and if you don’t read the blog or subscribe to our podcasts or YouTube channel you might have missed some of the most popular posts from this year.

I hope this helps you during this break to continue improving and growing as we head into 2021.

Thank you so much for being part of this Journey.

And I look forward to helping you even more in 2021.

Always In Your Service,

Jason Rivera

Top 8 of Top Blog Post of the Year 2020

Top 8 of Top Blog Post of the Year 2020 : My Thoughts on Warren Buffett Being an Evil Man

The great Warren Buffett. Certainly not the face of an evil man.

In my network of friends/family/colleagues, I’m most often known as ‘The Investment Guy’.

Because of this, I’m often asked about the latest trend in investing, whether it be years ago, gold and silver, the Greek Crash a couple of years ago, or more recently, weed stocks and cryptocurrency.

To see our other videos in this series where I give my thoughts on weed stocks, crypto, diversification, retirement plans, and more, click here.

Today, I’m talking about the above quote and another person in this same thread that said “Warren Buffett wasn’t a good stock picker.”

Let’s get to it

So, the above happened a couple weeks ago

Not sure why.

How and if they were just having a bad day or what.

But the above quote was mentioned in one of the Value Investing Facebook groups I’m a part of. By one of the admins no less.

The original article in the group was about Uber and Berkshire Hathaway / Warren Buffett. How they were working on some kind of $3 billion investment in Uber by Berkshire.

The deal fell apart. Out of nowhere, one of the admins of this group comes into the post calling Warren Buffett an evil man.

He doesn’t give any kind of context, no thoughts, commentary, nothing.

Just calls Warren Buffett an evil man and then disappears from the thread with no more responses when people start calling him out.

Then another person comments and says “Warren Buffett isn’t even a good stock picker. Because all he does is pick stocks with insurance float and uses that float to his advantage.”

Huh?

So someone doing something better over 50 years than anyone in world history – investing – makes him not a good stock picker because he uses insurance float to his advantage – which is completely legal and ethical by the way.

So what does that make the rest of us peons?

This leads me to another question.

If he’s the best ever and you think he’s not good, why are you even in an investment group and trying to invest at all?

Oh well.

These two people never responded to these types of questions before I left the group so I don’t know if they ever responded. I doubt it.

Why?

Because the admin who said Warren Buffet is an evil man, I’ve dealt with before in this group.

I detailed that in this post – Never Let Anyone Tell You That You Can’t-Do Something Because You Lack “Proper Experience”

Note here

Apparently, Facebook Live videos only last for a certain time so the video is no longer available above but the post is where I recap everything.

Yes, this is the same admin who told me I shouldn’t have written my book because I “lacked the proper experience.” He never responded to me clapping back at him on that post either.

I had to share this with you here because of how ridiculous both statements are that these people made

While I don’t deify Warren Buffett and turn him into god-like many value investors do, he’s a master, and to call him an evil man. Says he’s not a good stock picker, with zero reasons given for either, is just idiotic.

He’s a great role model for all of us and what we’re trying to build.

I hope you enjoy the ridiculousness of this situation and enjoy the video I made above detailing this. With a little of my sarcasm thrown in, for good measure. As I couldn’t even keep a straight face a lot of the time during this video,  because it’s so ridiculous.

I’d love to hear your comments on this below.

What we do

We help you become a better value investor faster with our free content and resources and paid programs and courses.

Schedule Your Free Call Here!