What will Buffet buy?

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03-31-2020, 08:42 PM

#31

rickair7777

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Quote:

Originally Posted by ShyGuy

You could do the ESPP, get the 15% discount, and do an instant sell.

I do that, but unload it faster than a 30-round mag at the Tet Offensive.

04-01-2020, 02:52 AM

#32

Andy

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Buffett has the advantage in that he sees what's going on in the many companies he owns outright.
https://en.wikipedia.org/wiki/List_o...shire_Hathaway
A lot of these companies are going to be cashflow negative for a while, so I doubt Buffett's in any position to acquire more assets that are bleeding cash.

04-03-2020, 11:43 AM

#33

SIUav8er

In the dumpster fire

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physical gold and other precious metals, gold stocks, gold mining stocks, various other commodities, and foreign stocks is my bet

04-03-2020, 12:01 PM

#34

SaintNick

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Quote:

Originally Posted by ShyGuy

You could do the ESPP, get the 15% discount, and do an instant sell.

what I do.

04-03-2020, 02:02 PM

#35

Waggy122

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Not Delta.

04-03-2020, 04:40 PM

#36

Aldo Raine

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Quote:

Originally Posted by Waggy122

Not Delta.

As a matter of fact, no airlines, at least for now. Buffett just dumped a big chunk of his Delta and Southwest holdings; about 12.9 and 2.3 million shares, respectively.

04-03-2020, 04:48 PM

#37

Andy

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If anyone thought that airlines were going to recover quickly, this should be your indication that they won't . Buffett probably sold for a loss.

04-03-2020, 04:50 PM

#38

Bozo the pilot

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Quote:

Originally Posted by Andy

If anyone thought that airlines were going to recover quickly, this should be your indication that they won't . Buffett probably sold for a loss.

Probably? He bathed.

04-03-2020, 05:13 PM

#39

C17B74

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Quote:

Originally Posted by Andy

If anyone thought that airlines were going to recover quickly, this should be your indication that they won't . Buffett probably sold for a loss.

Whoever thought that? I’m a pretty positive outlook guy, but you’re totally correct. And the comparisons to 9/11 finally can be put to bed however so slight at this point. Global impact bottom line.