📈📉 | My third post with respect to stock markets and investments whose original text from a few nights ago @instagram should have saved in draft is here. — There are very few things about which I and the Oracle of Obama, Warren Buffet, or any @oracle for that matter, would agree. In the case of Warren Buffett, we agree on 4 subjects: 1) if you have no clue about investments, or if you are exceptionally-well-versed on the subject, in either case, you’d likely achieve a better overall outcome by investing in a comprehensive index like Vanguard’s VOO, if you have money to invest, which most don’t, most of the time; 2) if you manage a public company, it’s best to keep the number of shares issued low so that the per-share price is high, as he has done so with Berkshire Hathaway (with ownership in select businesses varying in spectrum from as unreachable as NetJets to as available as (once) Gillette). Such practice keeps 3 types of investors safe: a) those who can’t afford even one share — in BH’s case, each share at over $315,000 currently; b) it minimizes timing-sensitive, fear-based losses because such investors are generally wealthy enough not to have to rush to sell if things take a more rapid downward direction than one allowing BH to sell its stakes at high gains or with no loss; c) it keeps naggers out. Investors who nag the most probably couldn’t afford to invest at all from the outset; — 3) if your company manages assets on behalf of investors, then less information clutter is better and the undersigned, art-betraying design of BerkshireHathaway.com communicates this message well. If you want beautiful sales materials, explore a big bank’s managed portfolio offerings that typically underperform when compared to VOO at a much higher cost. — 4) if you believe in your product, simply talk about it. His letter on his website suggests that he doesn’t offer investment advice but one could save money by using GEICO instead of other insurers — every dollar saved is infinitely better than any dollar spent, despite both being a dollar. It’s the best investment advice. — We don’t agree on a lifetime spent talking about money.