The Difference Between You, Me, Donald Trump, and Warren Buffett

How “lucky” and “unique” is Warren Buffett– compared to, say, you and me?

You might say a lot.

But I say we’re all just people. Human beings. In scientific terms, Homo Sapiens.

Warren Buffett is no different from you or I or anybody else.

You’re Smarter Than You Think You Are

Yes, Warren Buffett is older and a lot richer. But you can be richer, too, if you want to be. All if you have to do is learn about a few things– like money and stocks.

Believe it or not, I believe that investing and earning money really isn’t that complicated. It’s all how you think about it. Don’t get scared that it’s too hard.

The whole name of the game is to buy something that someone else will want later.

And if that someone wants it really bad, they’ll pay a lot more.

That is how rich people like Donald Trump and Warren Buffett became rich. They had things that other people wanted to buy.

Donald Trump bought a building for one million dollars that he sold for four hundred million dollars. Have you bought anything for $1– that you sold for $400?

Is that because Donald Trump is smarter than you? Or that you don’t know how to look?

Even more overwhelming, in my opinion – every once in a while, an intelligent investor like Warren Buffett or Peter Lynch buys a stock that he can sell for one thousand times the price he bought it at!

That’s like buying a TV for four hundred dollars, and selling it to someone else for four hundred thousand dollars! $400,000!

So How Do You Buy Something For So Little And Sell It For So Much?

You have to know what to buy. It is out there. It might be a foreclosed home, a product you can sell on eBay, or stock in a company you personally know about and understand.

But the right thing to buy changes based on the person.

The key to this: you have to use your own personal knowledge to your own advantage when you invest.

Have you worked in a McDonalds or other restaurant? Then use your knowledge to study new restaurant chains as possible investments.

Go and visit them, and look at how the store is. Does it look like they are cleaning enough? Does it look like they are paying attention to the details?

Does it look like the restaurant is doing good business? If they’re selling products, that’s half the battle right there.

That is the Wealth Junkie way of investing.