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2 comment(s). Last comment by calvintaneng 2022-06-13 08:15
Posted by calvintaneng > 2022-06-13 08:15 | Report Abuse
See the difference ?
You can only make money by selling Bitcoin at a higher price to people
For farmlands you make money from the fruit and bounty from the soil
One is by luck and gambling or zero sum game
You do nothing
Another is by diligence, hard work toiling patiently
Lots of work needed
The Book says he who does no work let him also not eat
No result.
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
calvintaneng
56,704 posts
Posted by calvintaneng > 2022-06-13 08:10 | Report Abuse
Warren Buffet said give him all the Bitcoin in the world and he wouldn't even pay USD25 for it. Because Bitcoin produces nothing and the way to make money from Bitcoin is to sell it at a higher price to another person
But he said give him all the farmlands in USA and he is willing to pay USD25 BILLIONS for them
Calvin adds:
"Farmland produces food and soybean can be use as biofuel and both are useful for man"
The equivalent to Farmlands are plantation stocks of Malaysia and Indonesia