spin_dry Posted April 11, 2020 Share Posted April 11, 2020 https://www.google.com/amp/s/www.ccn.com/30-million-stock-dump-proves-warren-buffett-is-bracing-for-a-market-crash/ Quote Link to comment Share on other sites More sharing options...
Anler Posted April 11, 2020 Share Posted April 11, 2020 $30 mil ain't shit for Berkshire. But I wouldn't bet against buffet. 1 Quote Link to comment Share on other sites More sharing options...
spin_dry Posted April 12, 2020 Author Share Posted April 12, 2020 Just now, Anler said: $30 mil ain't shit for Berkshire. But I wouldn't bet against buffet. He’s been adding to his cash pile, a little here and a little there. He’s fairly responsible about it. You’d never see a large dump that could make this situation worse by sending out alarm bells. That would only serve to to hurt him and others. Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted April 12, 2020 Share Posted April 12, 2020 2 minutes ago, Anler said: $30 mil ain't shit for Berkshire. But I wouldn't bet against buffet. I'll be real surprised at this point if we don't 'have a couple after shocks in the market. Cool, more opportunity. Still doesn't change long term planning either. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted April 12, 2020 Platinum Contributing Member Share Posted April 12, 2020 32 minutes ago, spin_dry said: He’s been adding to his cash pile, a little here and a little there. He’s fairly responsible about it. You’d never see a large dump that could make this situation worse by sending out alarm bells. That would only serve to to hurt him and others. Got some fact to back up the little here, little there? Dude likely trades $30 million every single trading day within BH and his other companies. Quote Link to comment Share on other sites More sharing options...
Anler Posted April 12, 2020 Share Posted April 12, 2020 35 minutes ago, DriftBusta said: I'll be real surprised at this point if we don't 'have a couple after shocks in the market. Cool, more opportunity. Still doesn't change long term planning either. It is what it is at this point. Life won't end. 1 Quote Link to comment Share on other sites More sharing options...
Anler Posted April 12, 2020 Share Posted April 12, 2020 8 minutes ago, Highmark said: Got some fact to back up the little here, little there? Dude likely trades $30 million every single trading day within BH and his other companies. That's why I said that, Berkshire has what half a trillion in assets? $30 mil is like $20 to Buffett. Quote Link to comment Share on other sites More sharing options...
spin_dry Posted April 12, 2020 Author Share Posted April 12, 2020 35 minutes ago, Highmark said: Got some fact to back up the little here, little there? Dude likely trades $30 million every single trading day within BH and his other companies. It’s no secret that he’s been adding to the cash pile. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted April 12, 2020 Platinum Contributing Member Share Posted April 12, 2020 40 minutes ago, spin_dry said: It’s no secret that he’s been adding to the cash pile. So nothing. Really hurts you the market came back some doesn't it? No matter the reason. Quote Link to comment Share on other sites More sharing options...
1jkw Posted April 12, 2020 Share Posted April 12, 2020 When the guy from behind Sandy's starts selling off, that's when you need to worry. Quote Link to comment Share on other sites More sharing options...
spin_dry Posted April 12, 2020 Author Share Posted April 12, 2020 1 hour ago, Highmark said: So nothing. Really hurts you the market came back some doesn't it? No matter the reason. God you’re weird. Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted April 12, 2020 Share Posted April 12, 2020 2 hours ago, Anler said: It is what it is at this point. Life won't end. Yep. brk b trades for something like 200 grand a share. Not too concerned about this. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted April 12, 2020 Platinum Contributing Member Share Posted April 12, 2020 22 minutes ago, DriftBusta said: Yep. brk b trades for something like 200 grand a share. Not too concerned about this. I thought that was A. ANd b was a reasonable stock, blue collar if you will. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted April 12, 2020 Platinum Contributing Member Share Posted April 12, 2020 5 hours ago, spin_dry said: God you’re weird. My assessment is spot on. Your hatred of Trump has brought it on. Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted April 12, 2020 Share Posted April 12, 2020 8 hours ago, steve from amherst said: I thought that was A. ANd b was a reasonable stock, blue collar if you will. It might be. I have the cheap one. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted April 12, 2020 Platinum Contributing Member Share Posted April 12, 2020 Just now, DriftBusta said: It might be. I have the cheap one. me too 1 Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted April 12, 2020 Share Posted April 12, 2020 1 minute ago, steve from amherst said: me too I probably got them mixed up Almost entered a trade for the wrong one a few months back. Ooops 1 Quote Link to comment Share on other sites More sharing options...
AKIQPilot Posted April 12, 2020 Share Posted April 12, 2020 I sold my BRK-B on Friday. Got a 30 point bump out of it in 3 weeks. Not bad. Quote Link to comment Share on other sites More sharing options...
Anler Posted April 13, 2020 Share Posted April 13, 2020 So... Doing a little fiddling around today and looks like maybe Buffett was expecting a market "crash"...? Berkshires February forecast was rather grim and Berkshire is sitting on $160ish billion in cash... And he isn't buying yet... Quote Link to comment Share on other sites More sharing options...
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