https://www.cnbc.com/2020/04/03/warren-buffetts-b…
Seems like a strange move to me...I thought he should know better and buy more when others are fearful (especially with a $160BN+ cash stockpile at Berkshire Hathaway). Why do you guys think he sold? Tax loss harvesting? Portfolio rebalancing?
”Seems like a strange move to me...I thought he should know better and buy more when others are fearful ”
Ah yes welovesrqfl please tell us how you know more than Warren Buffet and the billions you have made
We get it, you're a big shot for making 50% on 10 shares in your Robinhood account. Hold on, let me hit up Berkshire so they can hire you as a new research analyst
Might have to do with the fact revenue is projected to be down 90% due to a global pandemic. Just a thought
Props to your coworkers for being able to stand your annoying ass
Cool. Do it again continuously for the next 30 years.
Maybe he thinks the probability of bankruptcy is too high to risk owning the equity right now. Could end up being a situation like GM in 2009 when the bankruptcy and bailout wiped out the equity. If that happens with the airlines maybe he could come in for a huge piece of pref post bankruptcy/restructuring.
Bill Ackman and Warren Buffet collude to manipulate the market and the SEC gets cucked.
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