/biz/ - Business & Finance

Who cares what this fat fuck thinks. Anyone with his money could have done what he did.
>have millions of dollars
>wait for big crash
>buy after a few momths of sideways action
>hold
You just need money on the side to live off of until you reach a satisfactory profit %

>>18827066
what's the deal with him and coca cola?

If dubs, they announce investments in bitcoin

RIP in piece Charlie Moonger

>>18827179
Millennials are so butthurt at their elders and betters

>>18827192
He owns a majority of their shares, or at least Berkshire Hathaway does. He drinks one in public as a way of selling the product he invested in

imagine if he died on stream lmao

>>18827066
fucking yes thanks

where is charlie though? that man is sharp as a fucking knife for his age

>>18827179
>Who cares what this fat fuck thinks
Basically the entire investment world. He's the American mouthpiece for this Jewish pyramid scheme

>>18827066
wtf is he babbling about? no offense, but wtf is he talking about? America is a young country and so what?!

What the fuck is this old fart ranting about American an history for?

>implying charlie is still alive

>>18827469
I agree. wtf am I watching?

>>18827462
>>18827469
>>18827329
what is wrong with you people? do you really think you're impressing anyone?

Jesus christ it takes him 10 minutes to say 10 seconds worth of shit

>UHHHHHHHH
>UHHHHHHHHHHHHHHHHH

>>18827532
Just watch the stream faggot. How is this relevant?
Everyone's grandparents can tell you the same shit he does right now...

god this is boring as fuck. ill read the summary in the news tomorrow.

>>18827532
I'm not trying to impress anyone. I'm shocked to see this nonsense impresses other people. If anyone except him gave that lecture, we wouldn't even watch this jibberish.

>>18827602
it's a shareholders meeting, consider yourself pleb filtered

he's bring out positive market sentiment by using hard data from the history. not sure what you faggots expect are trying to hear.

>>18827066
is this boomer trying to sell us a sinking ship? the longer he talks about America, the more I'm wondering whether he is trying to cope.

>>18827571
Have you ever had a presentation or thought that was longer than a few sentences? He's building a base from which to lay a bit of rhetoric.

>>18827192
He owns it my nigger

>>18827179
According to this livestream, about 38,000 people do at this moment.

>>18827544
Checked and he's driving crazy.

>>18827607
Create a company like Berskshire Hathaway Holdings and you can do it too.

>>18827646
Yeah, it might be time to learn mandarin

>>18827664
There's no way to create a big company like that anymore. He was lucky to have hardly any competition back then. Same with manufacturing companies.

>>18827662
>ranting for half an hour to build up suspension before telling anything of relevance is absolutely normal for earnings calls.

>>18827664
>Create a company like Berskshire Hathaway Holdings and you can do it too.
I'd sell my Berkshire Hathaway stock if I owned any, after watching 30min of this uuhhhh ahhhh uuuhhh ehhhh

>>18827696
>Amazon has entered the chat

His dad was a congressman and he made his fortune off insider trading back when dinosaurs roamed the earth. Only r*ddit follows this old pervert.

>>18827722
it's true what they say about the market being illogical, lel

his cadence is fucking infuriating.

this old faggot can't even tell the difference between 4 billion and 4 million hahahahaha

At least we're already at the civil war. So only ww1, black Friday, prohibition, ww2, 70s oil crisis, Vietnam War, cold War, Iraq1, Iraq2, 9/11, 2008 and corona to go

>>18827722
Good thing he's an oracle and not an orator. Do you think the greatest investor in history is going to just let his company fade to obscurity and not appoint someone or someones closely as capable?

>>18827780
you missed the 1870s recession, 1880s, 1890s, late 1980s crash

>>18827728
>no competition in a new frontier
Where is our new frontier?

>>18827748
*heavy inhale*
>ahh
*smacks lips*
>uhhhh
*heavy exhale*
>uhhmmmm

>>18827833
I don't know what you're talking about. You said there's no way to create a company like that today and that is basically what Amazon is, a conglomeration of other companies.

>>18827856
if we could move to the next slide

what he talking about

AND UHHHHHHH AND UHHHHHHHHH THE BANKS FAIL AND UHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

>>18827066
Funnily enough he is nice to listen too.
Man speak between words anyway, you need to focus.

>>18827938
He's taking forever to get to the point that the usa is entering another great depression and the markets are going to plummet another 60%

>>18827066
well he told us to read a book about the great depression and he's sitting on a mountain of cash
I guess that summarizes the first half hour

>>18827958
to* stupid shit kaaayboard damb fuck Chinese shiteeeee. Bloody bashatard bish.

>>18827532
Fuck you nigger

Did he buy BTC?

>>18827938
I don't know I stopped listening. I'll catch the cliffs tomorrow. This is excruciating

>>18827066
20 YEAR DEPRESSION CONFIRMED

Jews and the slave trade...
In 1860, the peak of slavery, the total free population of the United States and its territories was 27,489,561. A total of 393,975 people owned 3,953,760 slaves.
http://www.civilwarhome.com/population1860.htm
http://www.civil-war.net/pages/1860_census.html
That's just 1.4% of the total population that owned slaves.
While 40% of jews in the US owned slaves. Pic and link related. This is a jew source. Other sources have it MUCH higher.
https://www.myjewishlearning.com/article/jews-and-the-african-slave-trade/
There were 200,000 jews in the US in 1860.
http://www.jewishvirtuallibrary.org/jewish-population-in-the-united-states-nationally
40% of 200,000 = 80,000
So around 80,000 jews owned slaves.
393,975 - 80,000 = 313,975 non-jews owned slaves.
80,000 jew slave owners
313,975 non-jew slave owners
Thus, at a minimum, 26% of all slave owners were jews, despite being just a minuscule 0.7% of the population. The actual percentage was likely much higher.>>18827532

>>18827783
Who is paying you gay shills

>>18827066
OH FTUCK SELL SELL SELL SELL IT ALL FUCK!!!!!!!!!@#!@#$!@#

holy fuck get to the point

>I actually don't have a slide for the next one
kek

>>18827066
>and the American miracle continued
nice how he skipped the fact that Europe was in ruins, literally

WW3 incoming
+ cool story, boomer

>>18827066
Thanks op

>>18827066
How has this disgusting boomer managed to live this long on a daily diet of mcdonalds and coke?

>>18828075
diet is a meme

>>18828075
he only eats the addictive substances he sells when the plebs are watching
you think drug lords snort cocaine?

people uniroincally shilling link in the comments

how the fuck did this happen

>>18828116
Yes, thats why they die so young.

>>18827965
first he needs to teach the audience that the united states is better nowadays than it was in 1790. he will get to the point some time.

>>18828075
Must feel good to be a multi-billionaire.

>let women vote
>market crashes a few years later
Pottery

>>18827066
is he trolling us now?
he sounds like a schizo who juggles with numbers like they mean something.
also; who the fuck on the planet claims any country on Earth is worse off today than it was in 1790? this is crazy

Where the fuck is this going? Is his brain dying?

>>18828116
>goes to the same McDonald's everyday for 20 years
>he's faking it

MUH WOMEN

This guy seems like he's gonna die any day now, who the fuck takes the advice of a rumbling senile man?

>>18828018
there is no point

Why are you people such juvenile spastics without an attention span or sense of restraint?

damn he looks old
will he reach 100B before he hangs the gloves?

>>18828222
call me paranoid, but I doubt he stands in line and eats a big mac every day of the week.

>>18828075
Are you retarded? Do you really think he eats big macs every day? When he's got private chefs on his jet ready to cook any gourmet shit he wants?

>>18828277
this is 4chan
we destroy empires

>>18828277
AMERICA+COCA-COLA DID THIS TO US

>>18828075
Imagine having lunch with Warren Buffet and you're forced into a MacDonalds with secret service security and shit to discuss business

>831 views

>>18828326
his slides tho

What's the basic gestalt so far?

>>18828326
there are 40k watching the stream, what the fuck are you saying?

>>18828339
this is insane
this whole show is a circus

>>18828207
>any country on Earth is worse off today than it was in 1790?

Haiti

>>18828346
you clearly weren't paying attention...

RAT POISON SQUARED!!

>>18828310
would be comfy, just like being back in hardees watching smart bomb footage of munitions dump strikes in serbia

>>18828372
no, the revolution began in 1791.

>>18828346
He talked about a youtuve video he recently watched and had a 'slide' on that just said 831 views.
Also the slides are printed out as paper sheets he has in front of him and had to sort once already

I am really not getting anything out of this except what every call center employee is trained to say "Dollar cost average, over a long enough time horizon, the stock market goes up."

>>18828384
based

>>18828358
it is
do people actually go to the physical meeting to listen to this

FUCK HIPPIES FUCK POTHEADS

POT. YOU DON' HAVE TO

is this pothead reference aimed at Elon?

>>18827066
now he's telling the boomers to hold on to the stocks they owned before the crash

>>18828480
Thought the same.

jesus buffett looks like walking death. guy is falling off fast. SHORT BKB this company is finished once he kicks the bucket.

This dude on the verge of death

>>18828511
>SHORT BKB
gl with that
DRINK YOUR COKE WARREN

>>18828521
Corona's coming

Holy fuck we're having a blood red week, this guy seems nervous as fuck.

FUUUCK MY SPY CALLS NOOOO

>Just buy s&p500 and you'll probably do fine over 20-30 years
kek

$55 BILLION OF INVESTMENT LOSSES FOR BRK. $55,617,000,000 LOSSES FOR BRK. SHORT. SHORT. SHORT. WARREN IS FINISHED.

>>18828592
you will see at least 7% growth per year on average

Q1 49bill. loss

>>18828612
HOLY FUCK just saw that. they're 35bln in the red in Q1 what the fuck.

>>18828611
Yes, but nobody needs a fucking 90min history lesson to come to this conclusion.

>we have 124 bln in US treasuries which are basically shit nowadays
>you might think thats a huge posiition but its not its totally not
>its less than 40% its nothing we own a ton of other companies just relax
>betting against America makes you unpatriotic remember that you fuck

>>18828018
mfg

>He was a big guy

>>18828611
not anymore

all this "stimulus" will be a sedative for the economy

America is doomed into the Japanese lost generation trap

Buffet type mindset will be absolutely be BTFO over the next 20-30 years

>>18827066
lol he just thanked the qe central banker money printers

>"the fed sheet is really interesting to read if you're a nut like me"
GOD I HATE THIS FAGGOT, HE TRIES SO HARD TO MAKE HIMSELF SEEM SMART

>>18828775
I agree -- so where should we put our money?

>"that isn't because we thought the market was going down"

>>18828793
listen to the latest episode of macrovoices

cash until the fed starts helicoptering money to individuals for real

>>18828813
yeah I'm currently 100percent in cash (euros)

AAAAAAAAAAAAa
Aa
AAAAAAAGgghhhhhhhhhhhhhh
aAAAAAAAAAa

and a

AAAAAAAAAAAaaaa
AAAAAAAAAAAaaaaaaaaaaaaaaaaaaaaaaaa
AAAAAAAAaaaaaaaaaaa

but a

AAAAAAaaaaaaaaaaa
aaaaaaaaaaaaaaaaaaaaaa
aaaaaaaaaaaaaaaaaaaaaaaaaaaaa

Damn, he's super old now

piece of old shit FUD'd airlines hard. There goes my BA and LUV calls.

>>18828780
he is smart
https://www.businessinsider.com/warren-buffett-learned-to-use-iphone-apple-ceo-tim-cook-2020-4
https://finance.yahoo.com/news/warren-buffett-tim-cook-teach-him-how-to-use-apple-iphone-

Anyone care to TL;DR the meeting?

What are the bullet points covered that were covered by the meeting?

Thanks in advance

>>18829150
Cliffs:
>If you dont stick with us you hate America

is anybody still watching

>>18829180
The real discussion is in the smg

>>18829192
thank you, i'm going there

>>18829180
I am. It's a train wreck.
he sold all of his airplanes

>>18829150
>*heavy inhale*
>>ahh
>*smacks lips*
>>uhhhh
>*heavy exhale*
>>uhhmmmm

i think that's about it.

HE SOLD ALL AIRLINES STOCK OF ALL 4

ALL OF IT

>>18829150
HOLD MY BAGS OR YOU ARE COMMUNIST

>>18829209
>It's a train wreck
hes near 100 ffs.
maybe overly fond of farm analogies, but still

>>18827066
I can't even listen to that faggot boomer talk. does anyone else not find his voice really annoying?

>>>/wsg/3431188
>>>/wsg/3431188
>>>/wsg/3431188

>>18829867
lmao

>>18829150
>Berkshire sold all their airline stocks.
>No one knows how long the virus will effect the economy. Many predict that it will come back. There are still a lot of unknowns that still need to be evaluated.
>Berkshire still has a huge cash position. Its like 30% cash.
>Buy an Index fund and wait 20-30 years.
>Be prepaired to lose 50% of your investment, and have strong hands.
>HODL
>No one can predict the bottom. Time in the market is better than timing the market.
>Investment managers are scam artists that charge a lot of money to play with your money. You would make more with an index fund.
Other than the news about selling the airlines, its pretty much just the same general statements he always makes.

>>18827864
internet didn't exist back then you retard. That's what they meant by new frontier.

>>18829216
sold them at huge losses.

>>18829216
Airline stocks are gonna dump so hard on monday.

This is why my advisors went mostly cash and metals, extremely bearish outlook from WB

>>18830178
thanks