Page 77 - Why We Want You To Be Rich - Donald Trump, Robert Kiyosaki.pdf

WHY WE WANT You To BE RICH I 71

Mr. Buffett has also said:

"Ifcalculus were required, I'd have to go back to delivering papers.
I've never seen any need for algebra."

I believe he is saying, in other words, that getting rich is common sense,
requiring only simple math.
And that raises the obvious question: "How can so many educated
people be persuaded to invest in a company that uses fuzzy math instead of
logicalmath?" A quote from Mr. Buffett that seems appropriate:

"Wall Street is the only place that people ride to in a Rolls Royce to
get advice from those who take the subway."

Opportunity?

Recently, Warren Buffett made the news again. He had enjoyed an
interview he had watched with Rich Wagoner about GM. To show his
support, Mr. Buffett sent his daughter out to buy a new Cadillac for him.
Thisgenerated a few questions and a lot ofspeculation. The bloggers were
quite active with some ofthe following comments:

• Buying a Cadillac means Warren Buffett changed his mind about
GM. Itmust be time to buy GM stock.

• With GM stock so low, he's just cashing in on good prices on
Cadillacs.

• Even though GM is in trouble, Warren Buffett believes in "buying
American."

• Warren Buffett has been making comments about the fundamentals
ofGM's financials beingvery poor. He is very carefully watching the
n
stock price drop so he can swoop in and buy up the company at the
right price.

Which do you believe to be true? Maybe all, maybe some, maybe none.
Itmay be best to learn to do your own analysis ofGM's financial situation,

h .... Two MEN • ONE MESSAGE
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