Buffett: Penny stocks and day trading are my real key to wealth

Interesting article that I read yesterday on sfgate.com.

In an interview that is sure to shake the pillars of Wall Street, billionaire investor Warren Buffett revealed to our crack reporter Kent Baleevit that he actually made his wealth from risky penny stocks and day trading. “C’mon, Kent … long term value investing? Who has time for that crap? I’m an old man … I need to make my money quick and get to the casino before the lines at the early-bird buffet get too long.”

Read the entire interview at: http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2011/04/01/investopedia51599.DTL

Happy Belated April Fools Day!

Ranjit’s Newsletter

Loading