Buffet made $7,000,000,000 in gains since Trump won election

Update ....throw on another BILLION!!!!


$8 billion in gains in only 2 weeks....

At the rate he is gaining he should be worth over $100 billion by early 2017 and if the markets keep climbing risk free he could be worth a 1/2 trillion by 2020!!!



"The rise of the stock alone since the election has added $3.8 billion to Buffett's personal wealth, bringing his haul on the Trump victory between his company and himself to more than $8.1 billion. (All figures are based on holdings by both Buffett and Berkshire as of Sept. 30.)"
 
The market was already in a strong bull market for the last 8 years. Buffet most love Obama for creating the most perfect upward trending market in history. The real test is after 1 year, that is often when big market reversals happen if the new president does not produce good results.
 
S2007S said:
I noticed that as well....seems like he never has one losing trade...
More...

Buffet doesn't trade, per se. And I love how the media states that he made all that money...

NOOOOO....He would make that money only if he liquidates all his positions at that point. Unrealized gains or losses are irrelevant. He would get great dividends if he held on through end of year though. But not billions.
 
If only people spent as much time on their own financial well being instead of calculating other's financial well being, they might actually get somewhere someday.
 
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