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SVTPerformance's Chain of Restaurants
Road Side Pub
Tesla is dead
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<blockquote data-quote="quad" data-source="post: 16199150" data-attributes="member: 17952"><p>Buffet may be a good investor but he does not produce or manufacture anything himself. His acquired companies that do that. If you asked him to bolt something on, use a screw driver or engineer something himself I doubt he would be any good. I have more respect for people that can engineer stuff, create things, do things with their hands. I don't really like smooth talkers. Buffet is one of those. He was a fast talker. Con men are also fast talkers. Mr. Sales Man Buffet.</p><p></p><p>"By 1960, Buffett operated seven partnerships. <u><strong>He asked one of his partners, a doctor, to find ten other doctors willing to invest $10,000 each in his partnership. Eventually eleven agreed, and Buffett pooled their money with a mere $100 original investment of his own.</strong></u>"</p><p></p><p>^^^ Sounds kind of like a Ponzi scheme. If his investments did not work out it could have been. He would have needed more "investors" to pay off the original ones.</p><p></p><p><a href="https://en.wikipedia.org/wiki/Warren_Buffett" target="_blank">Warren Buffett - Wikipedia</a></p><p></p><p><a href="http://fortune.com/2016/09/14/berkshire-hathaway-lawsuit/" target="_blank">Berkshire Hathaway Gets Slapped with an $18 Million Lawsuit</a></p></blockquote><p></p>
[QUOTE="quad, post: 16199150, member: 17952"] Buffet may be a good investor but he does not produce or manufacture anything himself. His acquired companies that do that. If you asked him to bolt something on, use a screw driver or engineer something himself I doubt he would be any good. I have more respect for people that can engineer stuff, create things, do things with their hands. I don't really like smooth talkers. Buffet is one of those. He was a fast talker. Con men are also fast talkers. Mr. Sales Man Buffet. "By 1960, Buffett operated seven partnerships. [U][b]He asked one of his partners, a doctor, to find ten other doctors willing to invest $10,000 each in his partnership. Eventually eleven agreed, and Buffett pooled their money with a mere $100 original investment of his own.[/b][/U]" ^^^ Sounds kind of like a Ponzi scheme. If his investments did not work out it could have been. He would have needed more "investors" to pay off the original ones. [URL="https://en.wikipedia.org/wiki/Warren_Buffett"]Warren Buffett - Wikipedia[/URL] [URL="http://fortune.com/2016/09/14/berkshire-hathaway-lawsuit/"]Berkshire Hathaway Gets Slapped with an $18 Million Lawsuit[/URL] [/QUOTE]
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