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Pocketoption warren buffett binary options. Trade Binary Options like Warren Buffett. I was posed a peculiar question not to long ago on the popular BOD forum. The question was about a comment made by the famed investor Warren Buffett and what exactly did he mean by this. I share my interpretation of what he meant by this statement below in the following article. Most of what I believe about MR. Buffett’s trading style is based on reading a book by his former relative. I think you can apply this principle to your own Binary options trading as I mention in this Tutorial..
Warren Buffett’s strange statement: “Diversity is protection against ignorance. It makes very little sense for those who know what they’re doing.” OK for those of you that may like my little tutorials but wish they were longer today is not your lucky day. I still did not really get a chance to go back and read my Buffettology book but rest assured if I had this would have been a novella but I think it might be better this way because it just so happens everyone is talking about MR Buffett’s acquisition and it is a PERFECT EXAMPLE of what he means by that statement.
WHY The F should I read all this? This chat is a great exercise in the thought process of one of the greatest or arguably the greatest investor binary options broker of the 20Th century. I know most people always look for indicators and secret strategies etc but really IMO you will benefit greatly by learning to condition your mind to similar thought processes of these highly efficient people. Warren Buffett on diversification: OK first let me point out that MR Buffett is arguably the greatest investor of the 20Th century.
He started his investing career with $105,000 and binary options strategy just yesterday done a 28 Billion Dollar Merger and acquisition deal for Heinz. The deal is a great example of how he invest. I don’t think he is frowning on the idea of diversification in the quote above he is just saying that in the grand scheme of things what you want to do is find a system of investing that works for you and binary options do it consistently. Warren Buffett was a student of Ben Graham another very successful investor of his period.
Graham was a value investor and he and forex Mr Buffett are effected little by news and day to day hot buzzes in the markets and instead opt for value and companies they understand. Now while Mr Buffett has amassed a substantial fortune he just buys the same companies again and binary options again in different consumable niches. There is no diversity in that respect because he looks for what he calls consumer Monopolies: A company making consumable goods for the masses that has such a strong market share that no one can compete with them.
They can set their own price and are in his views from another planet compared to other companies selling the same consumable products or services.
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