Stansberry Research criticizes Warren Buffett

Warren Buffett and the company he leads known as Berkshire Hathaway have outdone human imagination and can therefore never be criticized. At least this is the common sentiment in the financial industry. He has built the company for over 60 years, and it has consistently made profits at every step of the way. What he has done is something that almost no other investor has ever done. With the company currently among the top five largest companies in the world with a net worth of about $500 billion, it looks like Buffet and the firm deserve nothing but praise.

 

The fact that almost everyone is praising the form does not mean that there are people criticizing it. Stansberry Research, a financial advice publisher, has gone against the common perspective that Buffett can never be wrong. Stansberry has published a report where it shows the company is currently in a state of disrepair. The report was made by the founder of organization Porter Stansberry, who has shown why what many people tend to believe may not necessarily be the truth.

 

Stansberry Research was created by Porter in 1999 using a borrowed computer. Since then, he has been publishing materials on financial advice. It is now two decades since he started publishing these material and the growth that is taking place with the organization is tremendous. Growth over the years has been very consistent. Today the publisher is publishing publications which have over 500,000 subscribers, 70,000 being lifetime subscribers.

 

The reputation of Stansberry comes from the founder himself. He was the first American editor of the Fleet Street Letter, which was the first financial newsletter to be published in English. Stansberry is talented as a writer that he presents his followers with great forward thinking financial writings. His understanding of the financial sector is also awesome. He had predicted the credit crisis long time before it actually happened. The crisis occurred exactly as he had called it out.

 

Stansberry is an organization for the future which is ready to take the initiative of providing readers with current financial evaluations that will apply in the current economies.