Australia's largest stock trading and investment forum Australia's #1 stock forum

Stockpiling the one thing the world is absolutely terrified of...

First 525 Last

Share
Profile

Follow
vic_wattle

3,479 Posts.

98

19/08/19

11:48

Post #: 40037633
Share

Originally posted by pongosniffa ↑

i listen to Buffet quite a bit and he's been asked about his stockpile of cash in a few interviews, he's also asked about Berkshire's performance against the S&P index fund, these questions are related.

Berkshire have got so much money it's almost impossible for them to find an investment which has the potential to make more than a blip on their bottom line, they've been stockpiling cash for many years. They've underperformed the S&P for many years, not by much, but it's because they've got this stockpile of cash and cannot find a home for it. Buffett has said if they had a few million to invest they'd be enjoying superior returns because of the opportunities, but with this large pile of cash? He anticipates Berkshire will outperform the S&P but "not by much". I think the story is adding fuel to the fire, a story that could be seen in a totally different light if the narrative on the economy was different. But that doesn't sell newspapers!

Expand

Stockpiling the one thing the world is absolutely terrified of at the moment. Cunning old fox will clean up again. Will be like that bloke buba from forrest gump after the storm
1 Upvote

Reply

There are more pages in this discussion • 441 more messages in this thread...

First 525 Last