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Serious I think Amazon and Berkshire Hathaway are the secrets to Wealthmaxxing

ALifeWastedOnRot

ALifeWastedOnRot

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Truly think that Jeff Bezos and Warren Buffett are the two men that have it all figured out. They have a very similar ideology and way of viewing the world. 100% of Warren Buffett‘s net worth is in Berkshire Hathaway, which is very diversified. Most of Jeff Bezos net worth is in Amazon. I believe these men are brilliant And their companies are going to continue to thrive over the next hundred years.

Amazon issues shares every year, they use the cash from selling the shares to acquire businesses and incorporated into their AI neural network system. For example, they bought up Whole Foods, and then integrated that in with their neural networks to make food delivery and distribution across the many in-house stores, more efficient, allowing for cheaper pricing and higher sales. This is brilliant. Eventually, they’re going to stop issuing new shares, they may even start purchasing them and destroying them. When this happens, Amazon stock will be like bitcoin, there will be a limited amount circulation, and he who owns them will own them, and he does not own them will be left out.

Berkshire is already in this process, there’s a limited amount of Berkshire shares out there. They stopped purchasing them, but they don’t issue any more of them owning a Berkshire share is like only need a gold bar or a bitcoin. Limited quantity, very valuable. What Berkshire does is it uses the cash that generates from selling premiums and loans it to the US government. It collects interest on the US government debt that it owns. It then uses the money it earns from interest to make even more loans to the US government.

I will do nothing but buy Berkshire Hathaway in Amazon. I will even take money out from the bank and borrow borrow borrow and buy these amazing companies. This is how I’m going to wealthmax.
 

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