[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 18 KB, 197x203, 345345234523dfg.jpg [View same] [iqdb] [saucenao] [google]
18861306 No.18861306 [Reply] [Original]

'Buffett Stays on Sidelines With Cash Rising to $137 Billion'

https://www.bloomberg.com/news/articles/2020-05-02/buffett-stays-on-the-sidelines-amid-market-tumble-as-cash-climbs

>> No.18861330

fuck that asshole

>> No.18861343

>>18861306
hes both incredibly smart and incredibly patient and would rather miss out on temporary upside than incur permanent loss for his shareholders

>> No.18861368

>>18861306
Insider reverse shill?
Or hes just waiting for the real drop

>> No.18861432

>90 year old with 2 year outlook at best, 2 weeks if he gets corona at worst is cautious
Every <40 years old with a 10+ year outlook should ignore the present opportunity and instead do what the 90 year old does.

>> No.18861444

>>18861343
Well said, he even sold his airlines at a loss on the initial pump and only lost 20% even though they are beyond fucked.

He knows when to put money down and when to take profits. He really understands the businesses he invests in.

>> No.18861472

>>18861306
I sold because of this fucker

>> No.18861482

He's looking at this as an almost 90 year old guy who, as respectable as he is, has under performed the SPX over the last 5 years. If you are young then there is pretty much no reasons why you shouldn't be buying in to dca.

>> No.18861503

>>18861306
hes gonna market buy all the bitcoins