[laserboy]

Warren Buffett wasn't always a billionaire. He started out with $200K and pumped it up to $40 billion. There is no one else in the world can approach that kind of track record. No one.

And for what it's worth, Warren Buffett does happen to know a thing or two about short term trading and financial derivatives. He made an absolute killing a couple years back with zero coupon bonds. His mentor, Benjamin Graham, practically invented the art of arbitrage. He concentrates primarily on long term buy-and-hold value investing because, dull as it seems, that has always been the most efficient way to make money on a time/risk/reward basis.