Buffet made $7,000,000,000 in gains since Trump won election

Discussion in 'Wall St. News' started by S2007S, Nov 22, 2016.

  1. S2007S

    S2007S

  2. S2007S

    S2007S

    Update ....throw on another BILLION!!!!


    $8 billion in gains in only 2 weeks....

    At the rate he is gaining he should be worth over $100 billion by early 2017 and if the markets keep climbing risk free he could be worth a 1/2 trillion by 2020!!!



    "The rise of the stock alone since the election has added $3.8 billion to Buffett's personal wealth, bringing his haul on the Trump victory between his company and himself to more than $8.1 billion. (All figures are based on holdings by both Buffett and Berkshire as of Sept. 30.)"
     
  3. That's how Buffet works :) No matter what happens – Warren always makes money :p
     
    VPhantom, alfa8 and dealmaker like this.
  4. S2007S

    S2007S



    I noticed that as well....seems like he never has one losing trade...
     
  5. comagnum

    comagnum

    The market was already in a strong bull market for the last 8 years. Buffet most love Obama for creating the most perfect upward trending market in history. The real test is after 1 year, that is often when big market reversals happen if the new president does not produce good results.
     
  6. Overnight

    Overnight

    Buffet doesn't trade, per se. And I love how the media states that he made all that money...

    NOOOOO....He would make that money only if he liquidates all his positions at that point. Unrealized gains or losses are irrelevant. He would get great dividends if he held on through end of year though. But not billions.
     
  7. If only people spent as much time on their own financial well being instead of calculating other's financial well being, they might actually get somewhere someday.
     
    fordewind likes this.
  8. big mac

    big mac

    I'd bet he'd give it all up for another 100 yrs run.
     
  9. I still can't understand how is it possible?!
     
  10. He has had many losing trades...
     
    #10     Nov 23, 2016