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/pol/ - Politically Incorrect


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Warm Buffet is straight up selling all of his stocks. What exactly do the elite know that will be going down that we don't?

https://www.msn.com/en-us/money/topstocks/why-has-warren-buffett-been-selling-so-much-stock/ar-AA1u9PwJ
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>>489203288
>Warm Buffet is straight up selling all of his stocks
either he's waiting for a crash, or he is building a cash pile for his successor (greg abel)
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Maybe the market pricing in valuations beyond 1929 or dot-com extremes has something to do with it. You know, selling when things are expensive and liquidity is still available.
>>489203383
Greg doesn't need a fresh cash pile, he's been with the firm for decades and has always been active in managing funds.
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>>489203559
it's odd because WB always says not to sell even if the price is high, as long as the company has real long term value. yet he has been selling off apple like crazy
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He was saving for a BJ from Munger and e Rhone is afraid to tell him...
And good fucking lord what the fuck are these captchas...they still can't train "ai" to read scanned psfs it seems.
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>>489203288
the stock market is a thing of the past
no more shareholders, no more day trading
only stakeholders, and long term investment.
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>>489203674
Well clearly he thinks Apple no longer has enough long-term value. But you obviously don't know much about his overall investment strategy; quite recently he has stated that he would be holding treasury bills ("cash") even if they were only paying 1%. Since he stated that, his cash pile has indeed doubled to the current 320B or so
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>>489203937
>Well clearly he thinks Apple no longer has enough long-term value
clearly. wonder why though. no one else seems to have worked it out
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>>489203288
>ATH
>Dying

Dude doesn't even need the money and he's acting irrationally since he can tell he's going soon.
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>>489204747
Buffet owns the chinese electric car company
has to sell everything he owns to please his communist masters. if the chinese electric car company fails, they will redistribute his ass ets.
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>>489203288
He actually bought some Domino's stocks recently. I wonder what he knows
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>>489203288
Did he sell them to your mother in trade for anal OP?
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>>489208091
Nah, OP's mom does anal for free
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>>489208239
many such cases



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