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RE: Warren Buffett Is the Latest Billionaire To Jump Ship From The Markets

in #finance8 years ago

shows his anticipation of a massive market crisis and quite possibly the biggest buying opportunity of his life.

LOL. So what you're saying is everything is going to be fine and Buffet's just preparing to invest. So a recession might be coming (it's like the market is cyclical or something!)

Yet you peddle doom, and try to make this look special even though he did the exact same thing a year ago and then bought back in massively?

Jesus why does anyone listen to a word you say...

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Their total holdings are at a record high. They have $160M in the market right now which is double the amount of that cash reserve he's making such a big deal about. As a ratio of total holdings to cash they were holding more cash a year ago.

Of course he didn't include any of this contextual information because that would shit all over his fear mongering narrative.

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