If I am investing in a stock I aim to hold it for at least 10 years provided nothing crazy changes with them. For example Boeing (BA) and Waste Management (WM) I plan to hold for life.
Warren Buffet bought GE over Boeing (which I did), he bought Yahoo over Google (which I did), and he bought IBM over Nvidia (which I did). He may have been smart but he doesn't even follow his own advice anymore, buy what you know! He doesn't know technology and has proven that with his investments lately. He isn't investing right now because he doesn't see opportunity anymore because he is too old. There is ALWAYS a bull market somewhere, you just have to know where to look.
The key is avoiding unnecessary risk. Cycle timing is antithetic to mainstream & Buffett’s general advice but probabilities shift over time, usually aligning with huge cash piles
I'll take my automation, defense, waste, and crypto investments that serve me well over his advice any day. Ironically I use his OLD strategy, buy what you know for the long haul!
I mean the man brags about having a Samsung flip phone, if you want to take technological investing advice from him by all means go for it, I only work in software for a living and watch 8 year olds know more about using smart phones than he does...
Did you consider the security reasons or other alterior motives for why he would say that publicly? I tend to think everything about his image is carefully crafted
So why would you trust him (I actually do agree with you on that a lot). What makes you think assuming what you are suggesting that he really has over $100 billion in cash and not in something else? I don't follow people I don't trust. I trust myself and listen to people only as far as I can throw them.
I believe I can dependably not trust him! Similar to being able to trust someone in a way, but I don’t really follow him. But I do pay attention to the messaging & positioning.
He is old & not technologically adept, but can buy a thousand employees who are young & tech smart. He is still more well connected & knowledgable about the true nature of the markets than I or anyone I have ever met will ever be.
How much you wanna bet that huge stockpile of cash eventually gets put to work via a sweetheart bailout deal like BAC trade?
Will he still be around in another 5-10 years when the profit realizes? Does it matter? Berkshire will live on using the same old tricks that were cultivated long before Buffett.
Personally I don’t like any investment strategy that is only successful riding it out for 10-50 years, but I am no warren Buffett
Yeah so he is part of the fraudulent banking system that we hate and earns his money because he has an unfair advantage in the bond and housing and banking markets. This just proves more why I do not listen to him, he acts like he is just a nice old man but he really has ties with some of the shadiest shit on the planet.
I agree but I don't trust the guy and since I sold berkshire I have far out performed their stock. I don't see any reason for the average investor to be there if they know anything about the world.
I wouldn’t even consider investing in that company. But I definitely pay attention to the figures the mainstream media uses to push agendas economically. Deciphering the alterior motives is my favorite game 🤔😆
This is referring to long term holding. In something like the sp500 buying stuff the peaks and holding till the next peak still beats holding cash in an interest bearing account. Pretty easy to beat 1-2% a year. Meaning it's pretty easy to make more being invested in something than not being invested at all over a long period.
If you liked them at one price why not like them even more at a cheaper price. Till the fundamentals of the company change and deteriorate from bad management and bad deals price month to month, quarter to quarter, even somewhat year to year is sorta irellevant and short term thinking. That's fluctuations of the market overall not the company. And the market will always go up then down then back up then down. So plan for the inevitable down to buy more good companies but don't ever think it won't continue up or come back up. Stay invested.
Exactly you buy the COMPANY not the stock (yes I mean you physically own the stock but I am talking why). You don't own a piece of paper that is worthless you own a share of a company that generates profits. That is why despite Ford (F) stock not going up for the last 2 years I have not given up on them! 6 PE and 5.5% yield while they automate their plants sounds like a good deal to me!
I buy every chance I get and use a put-write strategy if the markets are too high to either earn a return off the premium paid or buying the stock at an adjusted price relative to the current market prices. Either way over a 10-50 year cycle it tends to not matter if you are buying in good companies.
If I am investing in a stock I aim to hold it for at least 10 years provided nothing crazy changes with them. For example Boeing (BA) and Waste Management (WM) I plan to hold for life.
https://www.zerohedge.com/news/2018-02-26/warren-buffett-isnt-buying-why-should-anyone-else
“People don’t tend to get rich (or stay that way) by buying mediocre assets at all-time highs.
The time to buy is when prices crash… when the highest quality assets can be acquired for peanuts.
And as sure as night follows day, prices will decline. Asset prices always move in boom/bust cycles.”
The well connected oracle stockpiles cash when he knows there’s a fire sale on the way
Warren Buffet bought GE over Boeing (which I did), he bought Yahoo over Google (which I did), and he bought IBM over Nvidia (which I did). He may have been smart but he doesn't even follow his own advice anymore, buy what you know! He doesn't know technology and has proven that with his investments lately. He isn't investing right now because he doesn't see opportunity anymore because he is too old. There is ALWAYS a bull market somewhere, you just have to know where to look.
The key is avoiding unnecessary risk. Cycle timing is antithetic to mainstream & Buffett’s general advice but probabilities shift over time, usually aligning with huge cash piles
I'll take my automation, defense, waste, and crypto investments that serve me well over his advice any day. Ironically I use his OLD strategy, buy what you know for the long haul!
I mean the man brags about having a Samsung flip phone, if you want to take technological investing advice from him by all means go for it, I only work in software for a living and watch 8 year olds know more about using smart phones than he does...
Did you consider the security reasons or other alterior motives for why he would say that publicly? I tend to think everything about his image is carefully crafted
So why would you trust him (I actually do agree with you on that a lot). What makes you think assuming what you are suggesting that he really has over $100 billion in cash and not in something else? I don't follow people I don't trust. I trust myself and listen to people only as far as I can throw them.
I believe I can dependably not trust him! Similar to being able to trust someone in a way, but I don’t really follow him. But I do pay attention to the messaging & positioning.
He is old & not technologically adept, but can buy a thousand employees who are young & tech smart. He is still more well connected & knowledgable about the true nature of the markets than I or anyone I have ever met will ever be.
Did you follow this deal?
https://www.cnbc.com/2017/06/30/warren-buffett-just-made-a-quick-12-billion-on-bank-of-america.html
How much you wanna bet that huge stockpile of cash eventually gets put to work via a sweetheart bailout deal like BAC trade?
Will he still be around in another 5-10 years when the profit realizes? Does it matter? Berkshire will live on using the same old tricks that were cultivated long before Buffett.
Personally I don’t like any investment strategy that is only successful riding it out for 10-50 years, but I am no warren Buffett
Yeah so he is part of the fraudulent banking system that we hate and earns his money because he has an unfair advantage in the bond and housing and banking markets. This just proves more why I do not listen to him, he acts like he is just a nice old man but he really has ties with some of the shadiest shit on the planet.
My point exactly, I like to examine his behavior from that hypothesis
I agree but I don't trust the guy and since I sold berkshire I have far out performed their stock. I don't see any reason for the average investor to be there if they know anything about the world.
I wouldn’t even consider investing in that company. But I definitely pay attention to the figures the mainstream media uses to push agendas economically. Deciphering the alterior motives is my favorite game 🤔😆
They do tend to beat gains from staying in cash though.
Not when you are in good stuff because you are not considering the tax implications of trading.
This is referring to long term holding. In something like the sp500 buying stuff the peaks and holding till the next peak still beats holding cash in an interest bearing account. Pretty easy to beat 1-2% a year. Meaning it's pretty easy to make more being invested in something than not being invested at all over a long period.
But do you buy them ten years into a bull cycle?
If you liked them at one price why not like them even more at a cheaper price. Till the fundamentals of the company change and deteriorate from bad management and bad deals price month to month, quarter to quarter, even somewhat year to year is sorta irellevant and short term thinking. That's fluctuations of the market overall not the company. And the market will always go up then down then back up then down. So plan for the inevitable down to buy more good companies but don't ever think it won't continue up or come back up. Stay invested.
Exactly you buy the COMPANY not the stock (yes I mean you physically own the stock but I am talking why). You don't own a piece of paper that is worthless you own a share of a company that generates profits. That is why despite Ford (F) stock not going up for the last 2 years I have not given up on them! 6 PE and 5.5% yield while they automate their plants sounds like a good deal to me!
I buy every chance I get and use a put-write strategy if the markets are too high to either earn a return off the premium paid or buying the stock at an adjusted price relative to the current market prices. Either way over a 10-50 year cycle it tends to not matter if you are buying in good companies.