it is a continuation from the 'bonds are a terrible investment' thread and probably others... buffett is not, has never been, and has never claimed to be a personal financial advisor to anyone, let alone your average joe retiree. if nisiprius has questions about valuing companies, security analysis, corporate taxes, capital allocation, accounting, etc., much can be learned from reading things by Buffett and about Buffett. Maybe Nisiprius knows most of that stuff already; i have no idea. i just don't think that Buffett should be unfairly criticized for failing to do something he never intended to do.bottlecap wrote: ↑Tue Jun 19, 2018 9:01 amI don’t see how you could possibly view any of what was said as criticism or attacks. The point is simply that we can’t know what he means and that he clearly can’t mean “don’t lose money" because a) it’s not meaningful advice and 2) WB has lost money before.bgf wrote: ↑Tue Jun 19, 2018 7:55 amnisiprius, i think your criticism/attacks on buffett are unfair and uncalled for. he is one of the greatest investors and capital allocators of all time. he has gone above and beyond just about any other executive or fund manager in teaching others and describing the inner workings of Berkshire through his shareholder letters. there is so much more meat on the bones of what buffett has written than anything bogle has ever written.
i think your posts are misleading and unfairly characterize snippets of what buffett has said.
How is pointing this out unfair?
Bogle wrote books about the average joe retiree investor. Buffett hasn't and probably has absolutely no desire to do so.
if you want to criticize Buffett, criticize him for his business decisions.