Warren Buffett is more worried than usual

Discussion in 'Wall St. News' started by ajacobson, May 5, 2020.

  1. ironchef

    ironchef

    Be kind, he is 89 years old. :p

    He also got a lot of things right, much better than I can say about my trades. :(
     
    #41     May 6, 2020
  2. virtusa

    virtusa

    There is a time to come and a time to go.
    For Buffett the time to go has come...
     
    #42     May 7, 2020
  3. Math_Wiz

    Math_Wiz

    Apple since December 31 ... +5%
    Amazon since Dec 31 ........ +29%
    Facebook since Dec 31 ...... +3%
    Netflix since Dec 31 .......... +35%
    Walmart since Dec 31 ........ +3%
    Home Depot since Dec 31 ... +7%
    Microsoft since Dec 31 ....... +17%
    Google since Dec 31 .......... +3%
    Visa since Dec 31 .............. -1.6%
    Mastercard since Dec 31 ..... -5.6%
    His beloved Coke since Dec 31.... -20%

    Berkshire (a or b) since Dec 31 ... -22%

    No wonder he's not a happy camper.

    (Side note: I guess the 30 million people unemployed are still buying expensive Apple products, but are no longer buying Coke. Lol.)
     
    #43     May 9, 2020
  4. ironchef

    ironchef

    Another way to look at things, from a trader's perspective:

    AAPL since March 20 ... +38%
    FB since March 20 ... +50%
    GOOGL since March 20 ... +31%
    MSFT since March 20 ... +36%
    BRK since March 20 ... +10% :(

    Another way to look at things from an investor's perspective:

    1. First quarter unemployment ~15%

    2. First quarter GDP drop ... -4.8%

    So, the economy is not as bad as the unemployment number, or as the press has being saying. Maybe that is why SPY only dropped -10% from Dec 31.
     
    #44     May 10, 2020
    apdxyk likes this.