I tried to explain this to a friend over watsapp but seems like the message hard to get through and I gave up. Maybe my explanation is lousy.
Anyway, I had post this before.
See http://opposethetrend.blogspot.sg/2012/02/does-account-size-matter.html
1 hour ago
3 comments:
Why Warren Buffet win most of the time?
Hi OT,
Just tell him 1% of $100 is very different from 1% of 1 million. That is just one adv of a big acct size. You can have low % returns but big absolute returns.
Hi Uncle,
Warren buffet buy companies. we buy share lei.
Hi LP,
Thanks! I tried that advise too. But friend still say no matter how much money I have, it will not affect the way he buy or sell share. if small account size, just buy pennies. Big accoutn size buy blue chips. I tried to explain market cap and other stuffs but still useless. in the end gave up.
Post a Comment