Ryan Jacobs Vs. Warren Buffett

from the chump-vs.-champ dept

A good comparison between letters from investment king Warren Buffett and internet investment chump Ryan Jacobs. While Buffett had a bad year in 1998 and 99 he made up for it with a good 2000. However, more importantly, he admitted that he was at fault in the two bad years. In the meantime, Jacobs continues to be in denial about what’s going on in the investment world around him. It’s the perfect comparison of reality vs. hype.

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