/biz/ - Business & Finance

because people are pumping oil stocks of all things right now ffs

the big red is coming friend

you have been warned

>>18676975
PRICED IN

the Saudis can't afford to continue the oil game for long

t. in saudi

>>18676828
SOMEBODY SHOOP A LINK CUBE INTO HIS HAND

>>18676828
He's waiting for the big sale.

>>18676828
how'd you know hes still sitting in cash? dont we only find out on May 2nd? when berkshire report earnings?

>>18677088
There are news reports every week lol

Pretty sure he would had already went all in on -80% stocks

>>18676975
Bobo is dead

>>18676995
Yeah man, everything until the end of time is priced in, markets are perfectly rational & it's never gonna drop, even with record unemployment & no fundamental economic activity. Printing Money = New Paradigm!

>>18676975
youre a massive retard if you think oil isnt a BUY right now. Anything below $20/barrel is unsustainable.

>>18676828
He knows that there is about to be a blood bath in the markets and it waiting to get in at the bottom. Smart guy, because anyone can see what's coming, and it's going to be brutal.

>>18676828
Why not?

2 years from now he will be sitting in a grave anyway

>>18677218

You're right, anything below 30 is unsustainable but the price will remain below that for a long time so???

>>18676828
Because now it's warm.

>>18677236
If this were the case, wouldn't that absolutely trash your fiat as well?
I told you guys to go for the commodities.

https://www.youtube.com/watch?v=n5JWyPBM_U4

>>18677268
so dont over leverage yourself and wait it out.

>>18676828
Who says he's sitting on it? First disclosure of q1 activities is on 2nd may when berkshire has its annual meeting. What is known so far is that he had 120 bil end of 2019, he sold Delta below 10% threshold (so i assume he dropped it all) and also he issued a low interest rate bond in asia for several billions. He's definitely up to sth or even went already on a buying spree

He's a sad old fuck

>>18677303
If the market dumps, everything will dump. It will cause a temporary flight to cash increasing the buying buying power if fiat.

>>18676995
The Saudis can literally produce negatively priced oil for months with little effect on their end. It would be devastating for the rest of the oil producers who would likely have to shut down, and in the end they would be back in control and come out on top. Win, win.

>>18677218
Anyone who says this is a retard. You do not understand that there are 2 major oil producers who can literally run on $5/bbl oil and still profit. Once they flush out the other oil producers, they can then run the price back up. There is no telling how low they will take it to make this happen.

>>18677537
That maybe true but berkshire is a massive investment apparatus, they have hords of analysts, its far from a one man show

>>18677562
And i can hold oil for months on end with little effect on my end. This was your grand argument?

>>18676828
the same reason other whales are buying massive amounts of puts: they know JPOW's meme magic can't last into perpetuity. This stinking corpse we all call the economy that they're trying to prop up Weekend at Bernie's style is going to eventually hit the floor.

>>18677579
You can hold negatively priced oil? Lol, you really are a retard! Good fucking luck when the call from your broker comes in saying you owe hundreds of thousands of dollars!

>>18677572
This.
Why should oil prices go up in the near future? Storage capacities are at their limits, the economy is still not consuming nearly what is produced at the moment. Massive oversupplies for months and probably years to come. It's sth people and analysts can't get in their head by staring at charts and future pricing.

>>18677587
you are the exact kind of faggot that the saudis are targeting. Weak hands and goldfish attention spanned manchildren. You got shook off the train with 0 effort. Youll end this "crisis" just as poor as you were before. Good riddance

>>18677609
Good luck losing everything moron!

>>18677031

Imagine Buffet announcing hes buying gold or bitcoin. I am which is why I'm balls deep in gold and bitcoin.

>>18677572
this is wrong though. stop being a faggot

>>18677755
If only you'd take the effort to edit this pic in a way that you see Warren's actual thumb, I'd be satisfied. Cool digits, tho.

>>18677842

>>18677886

>>18677817

It is true but discounts the fact that Saudi Arabia basically has no economy besides oil and has built a massive welfare state on the top which is effectively overhead. Overall why bother when it will take a long time for oil to unfuck when you can do something easy like betting on "Donny the Dolegiver" causing inflation by paying people $2400 a month + their old wages to not work?

>>18677088
Are you dumb? Big institutions and hedge funds have to make their trades public in a regular basis.

Right now we have a historical high cash reserve and a historical low volume on all stock markets. Not a single V recovery would have that. Wait and see, but don't come back in a few weeks and cry that you have lost xx..xx% on your portfolio

>>18678285
>tankies will lose money when their revenue has just increased 10 folds
>similar story for oil storage, but less extreme
>oil stocks will lose more when the worst is already priced in (aside from few overpriced companies)
>NG
You'll be the one crying in few weeks that you missed out on some big gainz

>>18677886
Got a fucking life dear Christ photoshopping cubes into every picture posted here. Link is garbage and can be replaced easily, no matter how many cubes you photoshop you scamming retards

>>18678876
Missed out on some big gains? Do you mean max 20-30% gains which are highly risky because it can drop down back any minute?

Yeah sure, i will try my luck in an online casino today. Red or Black? You tell me, since you are the gamble god here.

I am following the smart money, economic indicators and history. Maybe i am wrong, time will tell.

>>18676828
Because assets are even more overpriced now than they were at the all time highs

>>18678897
why haven't you already replaced it if it's so easy cuckie?

>>18678957
How do you know I haven’t you fucking retarded bitch

>>18676995
All events, theoretical and actual, have already been priced in.
If tomorrow an asteroid smashed into the Earth killing eighty percent of all life, that would have already been reflected in the strike price of 30 day call options on KO.
If every single person on earth lost their job simultaneously, the DJI would not drop even a point.
There is no event that ever has happened, is happening, or will happen, that has not already been factored in to yesterday's close of the S&P 500.

>>18677886
nice

>>18678876
Thats right! MISSED GAINS.........................

>>18678977
fag

>>18679088
You finally starting to understand how the market works.

eternal boomers cannot understand the new economy

>>18679088
Thats right..........

>>18676828
He's a little bitch, could have made fat gains in this market but instead sells DAL at a loss like a cuck

>>18676828
Warren R*ddit is a senile protoboomer who got lucky 6 decades ago when people shouted on trading floors and traded physical pieces of paper. He has since bought a bunch of failing airlines (muliple times), shit like Kraft Heinz and other flops. He completely whiffed on the tech boom of the last 10 years. Only r*ddit rates this dumb faggot. It's no surprise that they missed this bottom as well.

>>18679455
You are an ignorant NIGGA!

But, thats Ok..............

>>18679455
You are an ignorant NIGGA!

But, thats Ok................

>buy coke
>hodl coke
>become billionaire
wow what a genius

>>18679567
>>18679584
cringe

>>18678897
You had 2 fucking years. Seethe tranny seethe.

>>18679088
This thread was priced in

>>18679630
More like smuggle drugs and traffic humans and launder money thru bills foundation

>>18676828

Will he be among them? :

>>18679818

>>18677578
oh yeah, you sure found him out

>>18679630
*SIPP*

>>18679638
:

because he's making off the books purchases in bullion and dumping the dollar
If (((they))) ever found out he was exiting the (((system))) he'd be suicided to the back of the head

>>18680619
If this was true then that sounds like a good time to invest in JOM and BRK.

>>18680700
* JPM

>>18677236
If "anyone" can see whats coming you better bet on the opposite. Remember trump being president?