marylander1940 Posted November 12, 2024 Posted November 12, 2024 Just like in 2001, and 2008, he's cashing out and getting out of the market. Even his own stock might be overvalued. He also sold %50 of his apple stock does he think Apple will underperform? Why Is Warren Buffett Selling So Much Stock? | Kiplinger WWW.KIPLINGER.COM Berkshire Hathaway is dumping equities, hoarding cash and making market participants nervous. Buffett's Berkshire Hathaway hoarding cash in a pattern seen before the financial crisis | Forexlive WWW.FOREXLIVE.COM Wall Street Journal with the report - Buffett "has never taken this much off the table"
pubic_assistance Posted November 12, 2024 Posted November 12, 2024 The market got a nice little bounce after the election results. Good time to take your gains and sit on your cash until the various new Federal policy decisions are clear. marylander1940, + augustus and Beancounter 1 2
+ augustus Posted November 17, 2024 Posted November 17, 2024 Market valuations are high by historical measures. There was an analyst who said Tesla's market cap will rise to $5 trillion in a few years, from the present $1 trillion. I don't think so.
pubic_assistance Posted November 17, 2024 Posted November 17, 2024 10 hours ago, augustus said: Market valuations are high by historical measures. There is a LOT of hype about a pro-business administration coming in. The initial honeymoon period will surge the markets. The ensuing shit-show will plunge prices ( temporarily ). Cash out now on sectors that are being targeted by a change in politics. Buy again later when the smoke clears.
marylander1940 Posted November 19, 2024 Author Posted November 19, 2024 On 11/17/2024 at 2:04 PM, pubic_assistance said: There is a LOT of hype about a pro-business administration coming in. The initial honeymoon period will surge the markets. The ensuing shit-show will plunge prices ( temporarily ). Cash out now on sectors that are being targeted by a change in politics. Buy again later when the smoke clears. I do agree with you about cashing out now/soon even if we might be slightly "short selling". pubic_assistance 1
+ nycman Posted November 20, 2024 Posted November 20, 2024 Unless you have REAL insider information, trying to time the market is a fool’s game. And if you do try to time the market using insider information, you better look good in an orange jumpsuit. marylander1940, + augustus and thomas 2 1
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