Warren Buffett tripled investment in Apple

Discussion in 'Wall St. News' started by dealmaker, Feb 15, 2017.

  1. dealmaker

    dealmaker

    If you remember such stuff you must be 70 plus, you are talking about Dexter Mill that was in the seventies....
     
    #31     Feb 16, 2017
  2. Gotcha

    Gotcha

    #32     Feb 16, 2017
  3. ironchef

    ironchef

    I was just speculating. Expert day traders said they could extract trading signals out of the stock prices easily and consistently. If so, sure they can detect the Buffett buy?
     
    #33     Feb 16, 2017
  4. Chris Mac

    Chris Mac

    Nope, he was at the right time, at the right place, during 4 decades of bull market. He was lucky in 2000 because old guy didn't like tech at this time (now old guy likes Apple). And politicians and friends saved his ass in 2008, if not he would be out a long time ago.
    Soros IS a genius, and he doesn't buy AAPL NOW. Of course not.

    CM
     
    #34     Feb 17, 2017
  5. Chris Mac

    Chris Mac

    +25% in 2 months, no euphoria :) .
    Smells like a double top, looks like a double top...
    Warren, buy more AAPL please !

    CM

    upload_2017-2-17_10-4-15.png
     
    #35     Feb 17, 2017
  6. Tim Smith

    Tim Smith

    So-called "expert" day traders claim a lot of things, most of it is utter bull.

    On the Internet, nobody knows you're a dog. :cool:
     
    #36     Feb 17, 2017
  7. newwurldmn

    newwurldmn

    I've heard the exact opposite. You want him to buy your company. Because he takes away all the noise you have to deal with. He lets the management team do what's right for the long term rather than worry what to do to show growth and profitability for the next quarter. He doesn't get involved in managing the company except to say where the excess cashflow goes.
     
    Last edited: Feb 17, 2017
    #37     Feb 17, 2017
    DrNo, ironchef and dealmaker like this.
  8. vanzandt

    vanzandt

    #38     Feb 17, 2017
  9. #39     Feb 17, 2017
  10. That's just nonsense, you can be lucky for one day, maybe for one week tops.
     
    #40     Feb 17, 2017