What does he know that we don't?
Not sure if this is a stupid or smart move
Joshua Wright
Charles Hill
He knows we are still in a fake market.
Julian Evans
You can't print money for ever, Jerome.
Jose Phillips
At this point it's more lucrative for them to make loans and derivatives based on his cash reserves. He unironically holds more liquid cash than many big banks at this point.
He's changing his game.
Grayson Stewart
He knows the current markets is a massive bubble propped up by a $3trillion loan that the fed is going to want back next month.
Andrew Johnson
he lurked on biz and decided to take financial advices on here
Brandon White
he got lucky to live in a time where his belief, that company's stock value is tied to its actual worth held true. NOTHING binds a company's stock value to the value it actually provides, to the profits it actually makes. this fact is increasingly abused and will only continue to be abused more. he isn't smart money anymore.
Zachary Fisher
Next month?
Hudson Williams
Holy based. This may be the most based post ive ever seen
Nathaniel Ramirez
I am pretty sure he can
Easton Myers
The repo during the crash was short-term, it's due soon, don't know when.
Kevin Russell
hes about to go all in chainlink
Noah Fisher
why not. the FED could just give up price stability, which isn't a big deal in the computer age where pricing can happen on the fly. then abolish all taxes and just inflate the monetary base to fund government projects.
Ethan Jenkins
that's where you're wrong, kiddo
Logan Barnes
Of course not. We should fully recover by January.
Juan Brooks
He's a boomer.
When the economy is down and the stock market is up, it means stocks are overvalued. At least that's what he believes.
So he's loading up, ready to fire when this "bubble" bursts.
Couple problems....
1) Jerome Powell will not let go until he sees the economy is stable.
2) Election season this fall. Trump will not allow stocks to fall.
Buffett is using old strategies that would work in previous times. This is a whole different scenario. He not only failed in selling airlines, but also refuses to invest in tech. He lives in the past.
Mason Robinson
this makes sense cause at this point it doesn't matter how much money we owe as we owe ourselves. trillions gorillions. this will be left for the future generations to untangle.
Julian Wilson
I rather think he meant that the policy won't last forever. When one bank goes, the house of cards will tumble.
Bentley Carter
He knows that Trump will lose the election and will tank the economy on his way out so dems take the blame for it.
Nathan Adams
'28-'45 is silent gen
Liam Russell
Older than 35 he's a fucking boomer
Jacob Garcia
between 20 and the grave he's a boomer
Jeremiah Perry
>but also refuses to invest in tech
I thought he owned a chunk of Apple?
Gabriel Bailey
>is keeping a stockpile of 137bn during riots, looting, economic downturn, and a plague a dumb idea?
god i hate journalists.
Adam Sanchez
he still hasn't processed that the market is dead, and we are now in a giant bailout fueled by infinite money printing
Nathaniel Lee
Do none of you retards ever ask "what percentage of that cash is his portfolio"
If you did, you would see its just a normal cash position that everyone has
Leo Sanders
He sold high so he can still buy back in with a profit. If the market does tank he makes a killing. If it goes up he just buys back in.
Easton Phillips
you have the answer? too lazy to google
i know his aapl position was around 60b
Ethan Murphy
he's simply preparing to market buy bitcoin and pump the price to $456654 overnight
Grayson Jones
Retail is FOMOing in at completely unprecedented levels while big money sits at the sidelines in cash.
William Robinson
their lost