[tim333]

He also said

>But it's true. I could name half a dozen people that I think can compound $1 million at 50% per year -- at least they'd have that return expectation -- if they needed it. They'd have to give that $1 million their full attention. But they couldn't compound $100 million or $1 billion at anything remotely like that rate.

A lot depends on the details of who's doing what.

[envsubst]

Yep, you also wouldn't give the same computer/software advice to your grandma as you would a peer at work. Buffet is telling us to leave trading to the pros, but he absolutely trades.