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RE: BUFFETT Says Best Time to Invest Was Years Ago...Hmm...And, the 2nd Best Time?
If you buy safe stocks with safe dividends than you don't care if price is dropping. Buffet is doing that and that is why he missed Amazon and Google, they don't pay dividends.With crypto you can do same. More and more cryptos are paying dividends for staking.
Interesting point...It's clear that Buffett has a great strategy; and, being comfortably in the top 1% he can afford to not change the rules this late in the game. I can imagine, growing up in a brick-and-mortar world may have made these buys seem far too risky. We have to take into consideration his huge losses with IBM may have factored in.
This is worth reading up on. This probably adds to why Buffett avoids crypto. While crypto continuously increases in the 'traditional' perks of trading, it is indeed, still in the pioneering, Wild-Wild-West phases of development.
Thanks for chiming in!
Peace.
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