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. it was at 30 though

    what about their dividend
    Altho risky now
    People still flock to it
    That gives any value to the stock price? What you think

    they r part if the div aristocrats i believe
     
    #41     May 3, 2020
  2. Nobert

    Nobert

    ?
    buf.png

    On the top add this :

    phil.PNG

    Probably there would be noone even close, if he hadn't donated.
     
    Last edited: May 3, 2020
    #42     May 3, 2020
    Whynottrade likes this.
  3. virtusa

    virtusa

    buffett.jpg

    Was posted originally in 2009 already.
    Strange that there is a contradiction between the posting just above from @Nobert where Buffett seems to get richer and richer while Berkshire goes worse and worse.

    Added the excel with the calculations from the above article.
     
    #43     May 3, 2020
  4. virtusa

    virtusa

    We will see where this goes.

    Read somewhere: Berkshire Hathaway, the investment vehicle of US super investor Warren Buffett, suffered a record loss of EUR 45 billion in the past quarter.
     
    #44     May 3, 2020
    Whynottrade likes this.
  5. Nobert

    Nobert

    Media confuses loss, with temporary decreased in value.
    (lousy words, works well on general audiences tho)

    Those companies, although not public anymore, (yet if they were), would probably have the beta of 1.0,
    (it was a guess, this is what yahoo shows - beta 0.88)
    & as the BRK grows, it becomes more and more as the index itself, thus basically, it's impossible to outperform the market as it used to do, while in lesser size.
    He mentions multiple times -
    ,,If we with Charlie, had, 1 million, we would be beating the hell of the market''.

    As if one would be trying , to lift himself up, above the ground.
     
    Last edited: May 3, 2020
    #45     May 3, 2020

  6. Temporary decrease? And unrealized loss is a loss none the less
     
    #46     May 3, 2020
  7. Nobert

    Nobert

    You think, eventually (one year/few years down the line), it will become a realized loss, with that kind of a cash flow ?
     
    #47     May 3, 2020
    Bugsy likes this.

  8. I dont think or speculate but if one is down its a loss, if they hold on and recoup, sure it erases but same as if they do or die another trade, no such thing as a paper loss

    other wise whats a margin call for ?
    Cashflow analysis this n that sure, but dont forget in between point a and z is the person m/trader and a position can be liquidated prior to the “temporary decrease in value” and a position becomes a “permenant loss”

    this is assuming we calculating based on it “going back up/increase in value”

    Buffett or not or any one
    No one is exempt from losses

    in matter fact the bigger you are the worse because u lose your freedom to get in and out as you please
     
    #48     May 3, 2020
  9. virtusa

    virtusa

    Berkshire sold his airlines so it is a final loss, not a temporary decrease.

    Most stocks that Berkshire holds are LT investments. All these stocks are valued end of the year at the actual marketprice when the balance of the year is calculated.

    The size of the cash flow has no impact on whether something is a loss or not. If the value of the sales price is lower than the value in the books it is a loss. Even if there is a positive cashflow of billions.
     
    #49     May 3, 2020
  10. Nobert

    Nobert




    Im not sure, that margin call is a good example, when talking about Warren.
    Maybe about Cramer on live tv, but not him.

    That was a-very-simple-question that i asked :
    My bet - no.

    ***********************************************************************

    We are wandering into those waters, where people disagree over the topics like ,,is trading a gambling'' , ,,can you teach trading''.

    The important thing, more important than being right, is to recognize that, prior it begins.

    I see it coming, - im outa here :)
     
    Last edited: May 3, 2020
    #50     May 3, 2020