socrates469bc Posted May 3, 2020 Share Posted May 3, 2020 so it means he is not as good as his kumgong supporters claim he is?????? he had a good 60yrs run, so time for him to lose some money. wahahahhahahah https://www.nbcnews.com/business/business-news/warren-buffett-s-berkshire-hathaway-reports-nearly-50-billion-loss-n1198641 1 Link to comment Share on other sites More sharing options...
The_King Posted May 3, 2020 Share Posted May 3, 2020 50b is nothing to him cause he make a lot of money already. Link to comment Share on other sites More sharing options...
aaur4man Posted May 3, 2020 Share Posted May 3, 2020 Still got more than $100B cash wor Link to comment Share on other sites More sharing options...
socrates469bc Posted May 3, 2020 Author Share Posted May 3, 2020 Just now, aaur4man said: Still got more than $100B cash wor cash in 0 interest rate environment is useless. if warren is so sakti, he would have shorted wti and earn at least usd100/barrel like my idol. 1 Link to comment Share on other sites More sharing options...
Standing Birdy Posted May 3, 2020 Share Posted May 3, 2020 Paper loss, for now It's telling that he offloaded the airlines I think he doesn't short because it is not aligned with his value investing principles Link to comment Share on other sites More sharing options...
The_King Posted May 3, 2020 Share Posted May 3, 2020 As long as it not buy high sell low there nothing to worry Link to comment Share on other sites More sharing options...
socrates469bc Posted May 4, 2020 Author Share Posted May 4, 2020 10 hours ago, Standing Birdy said: Paper loss, for now It's telling that he offloaded the airlines I think he doesn't short because it is not aligned with his value investing principles i think his fund had a realized loss of at least usd15bln from the sale of the airlines as he most likely suffered a 50% loss on those stakes. the other usd30bln or so shld be paper loss. his so-called value investing principles dont work in this time and age since there r hardly any more so-called value stocks and timing on stock buys/sells r more important. warren is smarter than ur average investor, he wrote long term 15-20 yr put european put options. and he made alot from the puts. he took a leaf out from the biz cycle theory. https://finance.yahoo.com/news/look-back-warren-buffetts-37-172546595.html as we can see, he only paid lip service to his value investing principles. 2 Link to comment Share on other sites More sharing options...
socrates469bc Posted May 4, 2020 Author Share Posted May 4, 2020 (edited) 5 hours ago, The_King said: As long as it not buy high sell low there nothing to worry i m wondering why no one is questioning on her salt bae buy. if it happened in the norwegian swf, parliament will be in uproar over the loss. Edited May 4, 2020 by socrates469bc Link to comment Share on other sites More sharing options...
meng.huat Posted May 4, 2020 Share Posted May 4, 2020 23 minutes ago, socrates469bc said: i m wondering why no one is questioning on her salt bae buy. if it happened in the norwegian swf, parliament will be in uproar over the loss. because watch him throw salt makes her beef moist 3 Link to comment Share on other sites More sharing options...
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