[ 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: 40 KB, 371x251, 456467567567.jpg [View same] [iqdb] [saucenao] [google]
18861704 No.18861704 [Reply] [Original]

Warren Buffett: Berkshire has dumped its airline stocks, says 'world has changed' because of coronavirus
-
https://finance.yahoo.com/news/warren-buffett-berkshire-has-dumped-all-of-its-airline-stocks-says-world-has-changed-001242589.html?.tsrc=fin-notif

>> No.18861760

>states reopening today for first time
>in past few days buffet, musk, and cuban have pushed FUD hard
today SHOULD have been a good day and the real beginning of heading back to normal, instead we had a few very public billionaires shit on the table and run screaming out the door in an almost coordinated fashion

>> No.18862054

>>18861760
Imagine actually believing this lmao

>> No.18862302

>>18862054
today a bunch of states are reopening for first time since pandemic began, you can not dispute that
and this weekend before reopen musk, buffet and cuban have all publicly posted panic inducing FUD, you can not dispute that either
you think it's just a coincidence they waited till this last weekend before states reopen to spread fear? you think it's a coincidence that 3 billionaires who have publicly shit on trump just happen to take a dump on the table days before we start to reopen?

>> No.18862351

>>18862302
I'm so glad I wasn't born retarded like you were.

>> No.18862380

>>18862351
great counterargument, the part where you disprove my points was very convincing

>> No.18862859

>>18862351
tell him why he is wrong or gtfo

>> No.18862906

>>18862380
>>18862859
Lmao imagine not having a clue

>> No.18862960

>>18862906
ok you are just trolling now

>> No.18863099

>>18862380
Look up occam's razor. The problem with your idea, is that there are an infinite number of other reasons for what happened. Its not on everyone else to prove you wrong, its up to you to prove why you are right. I have no reason to believe that this is some kind of hate filled, vendetta driven conspiracy against Trump, or the success of tje stock market, any more than I have reason to believe that these people actually mean what they say. Tesla is overvalued. Airline stocks are still risky. These statements are all true, and don't prove that Elon or Buffett are trying to hurt Trump in some way, or crash the economy in some way. I seriously doubt that Elon is actively truing to make the market crash for some reason. You haven't convinced me at all, and I have no real reason to look into it further.

>> No.18863162

>>18861704
Because he's an old man who doesn't know how to adapt. People are still going to fly on planes in the future.

>> No.18863413

i dont know why anyone listens to this old man, his level is so far above anyone elses its impossible to really follow his advice without getting stung.

Hes so big that anything he does or says can affect the market, so hes going to say and do anything possible to earn more for himself at the expense of you.

>> No.18863911

>>18861760
The reopening was priced in a fucking month ago when Trump said May 1st. The fact that it's become apparent that only some things will be opening is actually bad news compared to what the market thought a week ago.

>> No.18863920

>>18861704
bogdanoffs orders

>> No.18864266

If he dropped only one of them I'd be worried he has some info on in most people don't but this makes no sense.

>> No.18864397

For all we know he may be creating his own leveraged pool of money for other people to borrow from and have derivatives.

He may be loaning cash or leveraged cash to governments and institutions at premiums, which at his level is actual power rather than making nice cash.

You cannot tell what he's up to. If he;s out of the game and basically making a private bank of sorts then its irrelevant.

when you have hundreds of billions in cash, you don't need to buy the bottom. you lend your money to others to do that, and if they miss the bottom they still owe you interest, which means you WIN no matter what. with is level of cash i see this as a real possibility and maybe that is why he has been cashing out for a while.

>> No.18864410

>>18864266
welp my calls are in the red

>> No.18864491
File: 539 KB, 1080x1053, 1587569164397.jpg [View same] [iqdb] [saucenao] [google]
18864491

someone keeps posting the same exact buffet FUD every hour - its a coordinated effort by desperate bears who are trying to tank the market so their puts dont expire worthless.

Anyhow my stocks are up today, looking forward to a slow and steady re-opening of the global economy this month.