Buffett’s Black Magic

That’s the only explanation I can think of.  I’ve been reading the newest book about the gazillionaire investor titled “Snowball,” and the only thing I can figure is that at a young age, Warren met a strange figure at a crossroads somewhere near Omaha and exchanged his soul for the ability to make large sums of money.  Actually I kid, it becomes clear quite quickly that he did it/does it by following a couple simple rules.  The first is probably the most important;  he’s greedy when others are fearful, and he’s fearful when others are greedy.  Brilliant.  Combine that with the desire and ability to learn, down to the core, everything about a business before he invests in it, and you have a recipe for success.  It’s easy to come to the conclusion that he was born to invest money but with that natural ability came a great deal of hard work and sacrifice.  “Snowball,” if you have the means, (quoting Ferris Bueller) I highly recommend you pick it up.