Spencer Jacob

Yeah, it's a high class problem that you have a lot of money and you can't double it. You can't buy a $100 billion company and then have it be worth a trillion dollars in a few years because that just doesn't happen, right? So you'd have to be so not just smart, but lucky for that to happen. And so he is reaching the limits of his ability to outperform the market. He already has reached it.

I think the takeaway for everyday investors is not to sell everything and put it in cash because that's almost always a mistake. Trying to time the market usually has poor results. You are not Warren Buffett. I think the takeaway for everyday investors is if he's cautious about the general level of stocks... maybe you should temper your expectations as well.

I think the takeaway for everyday investors is not to sell everything and put it in cash because that's almost always a mistake. Trying to time the market usually has poor results. You are not Warren Buffett. I think the takeaway for everyday investors is if he's cautious about the general level of stocks... maybe you should temper your expectations as well.

I think the takeaway for everyday investors is not to sell everything and put it in cash because that's almost always a mistake. Trying to time the market usually has poor results. You are not Warren Buffett. I think the takeaway for everyday investors is if he's cautious about the general level of stocks... maybe you should temper your expectations as well.

You do need to invest your money in something. So maybe I want to put some more of my eggs in a different basket as opposed to the same stocks that everyone owns. I think that's a very practical takeaway. I think selling everything and sitting in cash is not a practical takeaway because it's never been a long-term winning strategy.

You do need to invest your money in something. So maybe I want to put some more of my eggs in a different basket as opposed to the same stocks that everyone owns. I think that's a very practical takeaway. I think selling everything and sitting in cash is not a practical takeaway because it's never been a long-term winning strategy.

You do need to invest your money in something. So maybe I want to put some more of my eggs in a different basket as opposed to the same stocks that everyone owns. I think that's a very practical takeaway. I think selling everything and sitting in cash is not a practical takeaway because it's never been a long-term winning strategy.

Warren Buffett's reasons for doing that should not be your reasons for doing that.

Warren Buffett's reasons for doing that should not be your reasons for doing that.

Warren Buffett's reasons for doing that should not be your reasons for doing that.