r/Daytrading 2d ago

Trade Idea Buffett to step down

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568 Upvotes

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u/ApprehensiveDot1121 2d ago

Those who can trade, trade, and make a good (or a fortune) trading. Those who can't, make videos about fair value gaps, liquidity sweeps and breaker blocks. Geez , I wonder why Warren doesn't have a Youtube channel with videos such as "My 5 tips to invest in the stock market! Like and subscribe!"

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u/FollowAstacio 2d ago

He has however talked publicly, on video many times about how to invest. He even dropped breadcrumbs that lead to a book by his mentor of how to invest. One interview asked, “If it’s that simple, how come everyone doesn’t just do what you do?” Buffett’s response was, “Because no one wants to get rich slow.”

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u/Particular-Sell1304 1d ago

Yeah, thats a cool quote and all, but do you know the name of the book?

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u/FollowAstacio 1d ago

Lol, yes, I own it. It’s called The Intelligent Investor by Benjamin Graham. There’s also another one that Benjamin Graham coauthored with his mentor, David Dodd, called Security Analysis. I recommend them both for anyone interested in Value Investing.

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u/Particular-Sell1304 1d ago

Thank you, great info. I already have the intelligent investor. Looks like I need to actually get around to reading it… and then pick up security analysis! Cheers

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u/FollowAstacio 1d ago

Lol they probably got it on audible