Sorry reposted my last post I had removed thinking the link was having issues but its HC so reposted:
Your wrong it is very well deserved. Unlike all the blinkered bulls dear old Buffet can smell a crash coming and has been selling positions hand over fist. Currently I believe I just read he sold another huge part of his Bank of America stake? Meaning he is now sitting on the largest cash reserves in the history of his company.
So if he isn't done selling and continues selling more to dumb money, whoops I mean the retail investor, I wonder what the bulls that are all in know that buffet doesn't? Although in fairness I have read retail accuse buffet of being too old and out of touch. All I can say to those retail bulls is at least you can only go bankrupt once .
P.S. Pity retail always think they know better but can't beat that sort of wisdom/experience is a reason there is only one buffet:
https://news.bloomberglaw.com/insur...lides-as-buffetts-berkshire-sells-more-shares
- Forums
- ASX - By Stock
- XJO
- XJO - Bear Posts only (Factors which might cause the markets to fall)
XJO - Bear Posts only (Factors which might cause the markets to fall), page-16912
-
- There are more pages in this discussion • 2,041 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XJO (ASX) to my watchlist
(20min delay)
|
|||||
Last
8,118.8 |
Change
-41.200(0.50%) |
Mkt cap ! n/a |
Open | High | Low |
8,160.0 | 8,160.0 | 8,063.2 |
Featured News
XJO (ASX) Chart |