Warren Buffett says Berkshire sold all its airline stocks because of the coronavirus

Discussion in 'Wall St. News' started by ironchef, May 2, 2020.

  1. Bugsy

    Bugsy

    o_Oo_O

    He just finished his first season of the new Star Trek Picard series and it was a huge hit.
     
    #31     May 2, 2020


  2. Full video of the question and answer
     
    #32     May 2, 2020
  3. vanzandt

    vanzandt

    #33     May 2, 2020
  4. Overnight

    Overnight

    He's a man that is so rich, he doesn't have to have a cogent point, or be coherent. Man, imagine having that freedom from stress. Imagine never having to wonder when you can next buy food, or have to dumpster dive.

    He's too rich to be anything more or less than a stagnation on himself. No need for improvement. *shrugs* That is the benefit of being rich. You can tell everyone else to bugger off.
     
    #34     May 2, 2020
    lovethetrade likes this.
  5. I think this is a cool clip (a bit long)

     
    #35     May 3, 2020
  6. Overnight

    Overnight

    Uh huh. Pointless video. If you invest all your money NOW at age 2, then maybe in 40 years you will be at break-even.

    Rich people should never give advice to poor people. THAT IS A FACT.
     
    #36     May 3, 2020
  7. maxinger

    maxinger

    AND !

    Which suckers went to buy $4 billion dollars worth of airline stocks ?!!??!
     
    #37     May 3, 2020
  8. Last week because it was still overvalued to relative to DCF and oil was going negative. PE 13 with negative revenue growth over the last 15 years. It deserves a share price of $30 instead of $45.
     
    #38     May 3, 2020
  9. i understand
     
    #39     May 3, 2020
  10. thx for the info
     
    #40     May 3, 2020