Following the Most Controversial Warren Buffett Advice Cost My Friend $33,000
<p>You can’t hope to buy a stock and expect it to grow forever. The National Bureau of Economic Research would need to fire all staff if every public company rose indefinitely.</p>
<p>There’s competition, there’re lawsuits, and there’re takeovers.</p>
<p>People subconsciously link holding stocks “forever” to reducing investment risk. Stocks don’t always grow. They also plunge and fail to come back.</p>
<p>Warren’s investments grow because he has insider information. His son <a href="https://www.bloomberg.com/news/articles/2016-12-08/buffett-s-son-steps-down-from-coca-cola-s-board-of-directors" rel="noopener ugc nofollow" target="_blank">served</a> on Coca-Cola’s Board of Directors for six years. There’s no way Warren is losing his <a href="https://stockcircle.com/portfolio/warren-buffett/ko/transactions" rel="noopener ugc nofollow" target="_blank">$23,8 billion</a> invested in the company.</p>
<p><a href="https://medium.com/the-investors-handbook/following-the-most-controversial-warren-buffett-advice-cost-my-friend-33-000-9e6d6a21270f"><strong>Click Here</strong></a></p>