THE CRASH IS COMING

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anyone with an IQ above 80 can see that airlines are fucked. so what? he should have liquidated two months ago.

investors hate buffett. They will likely invest in spite

I don't get this, why are they selling at a loss?
People are never gonna stop needing to fly/travel

Investors WISH they were Buffett.
Everyone here was emulating him just earlier, as if "monkey see monkey do" investment strategies work.

you sell at a loss because smart people don't fall for the sunk cost fallacy.

William Gates informed him of Pandemic 2, scheduled for this autumn.

Remember around mid-march when there was a leaked federal report that said we could be seeing the Chinese Sniffles for 18 months?

How many companies do you think could last through over a year of massively reduced demand?

buffet's strategy is only beneficial to first movers. You only get rich from your 401k when you're old about to die and don't have any use for money anyway. Venture Capitalists have the exact opposite strategy.

because airlines won't be recovering for years
so the potential loss over those years outweighed just selling now

it will even out. Most companies had a lot of dead weight employees they just had an excuse to fire.

lol, this.

You know companies have to pay severance right?
In some cases, massive severances.
You dont just slice off the bits that are weighing you down with zero repercussions.

lmao "even out" is what happens when a supplier puts a price up, not when the entire world economy gets put in a coma indefinitely.

Why do I keep forgetting about this, it’s kinda scary biz. Every pandemic ever has a second wave that hits way harder than the first. Are we gonna be fucked from a cytokine storm? Pls

>I don't get this, why are they selling at a loss?
The jew has been bragging about cheating on his taxes since he was a child. He sold his stocks months ago before the hoax cough was even made public. He's dating his transaction to today, at the bottom, to show it as a loss instead.

based

There isn't going to be a second wave because first of all, it's not even fucking real in the first place. And second, even if it was real, there would still be no second wave. Why? Because it's not 1918 anymore. The quality of our sanitation and water treatment services are amazing now, making something like that almost an impossibility. In 1918, they didn't have any of that shit.

exactly and we don't know what companies will be around or which will merge with which. It's a mess. Why hold onto United when there's no guarantee it will even exist in 5 years?

half of my networth is in berkshire shares. i am financially ruined. how does a 90 year old fuckwit with access to THE william gates not market sell everything in feb.??????? this is fucking atrocious. he sold airlines at a loss like a fucktard. this is the last time i fall for a normie shit-ass cult of personality.

bruh, thats some peak ignorance posting

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How do we make money off this?
Short Berkshire shares, short airlines?

I bet you lose your shirt every day

i bet this fuckwad boomer gets all the braps he wants from his 10/10 trad wife. fuck i wish i was a billionaire.

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He’s probably shitting his pants. This is going to mark the end of capitalism, or at least greatly accelerate its demise.

at 9:30 AM EST open a short position on AAL and DAL. At 12:30 close your short position. At 12:31 take your profits and reinvest them in BRK shares, presumably at a ~5-10% discount. Don't do this later than 12:50, big boys get back from lunch and then eat yours.

>tfw attempted to short call UAL at 12.50 last week
>tfw thought clownworld rules would apply and yield me a tidy sum
>tfw some stocks are such obvious losers that even clownworld economics cannot save them

Needless to say the options expired worthless.

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>Short Berkshire, he said

Could Warren get away with marrying an 18 year old?

>not market selling all assets and reinvesting in LINK
never gonna make it