Buffett going 100% long stocks

he only holds preferred shares...no common stock....plus he hedges with puts, and probably finances this with selling calls vs his stock.
 
Quote from Mecro:

The fact that he is so in the public spotlight should be a hint that his rags to riches story is doubtful to be true. There is an untold tale behind him.

His current statements (with conflicts of interests) and association with the globalist confirm that.
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I also wonder why and for how long he was 100% bonds. I seem to be the only one interested in this.


If he went into bonds when the dow was 14K, where was his "Sell American, I Am" column? Without a sell signal, his buy n' hold disciples will still be holding on and won't have any cash to buy, now.
 
Quote from BadCo:

I also wonder why and for how long he was 100% bonds. I seem to be the only one interested in this.


If he went into bonds when the dow was 14K, where was his "Sell American, I Am" column? Without a sell signal, his buy n' hold disciples will still be holding on and won't have any cash to buy, now.
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he would if he collared his stock
 
Quote from 4XQs:

The thing with Buffet is that he is relying on the markets to eventually bounce back. What's he been at the game for- 40-50 years?

You just have to look further back in history - 1929 for instance - and see that just being long sooner or later will be disasterous.

Now, what's going to happen from here is not a given - but one possible outcome is that we keep on sliding for 10 years. Where's his stocks gonna be at then?

I'm not saying he isn't smart, however. His GS investment is going to give him free money thanks to the corrupt Paulson.
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He made money in sideways markets before

*Dow Jones Industrial Average
Dec. 31, 1964: 874.12
Dec. 31, 1981: 875.00

*Berkshire Hathaways Book Value Returns
1965 23.8
1966 20.3
1967 11.0
1968 19.0
1969 16.2
1970 12.0
1971 16.4
1972 21.7
1973 4.7
1974 5.5
1975 21.9
1976 59.3
1977 31.9
1978 24.0
1979 35.7
1980 19.3
1981 31.4

Total more than 2000%
 
He said in the article he is not picking a bottom and there is a good chance stocks will drift lower over the intermediate term.

It's not like he was trying to nail the bottom tick.
 
Quote from Cutten:

Let the record show that ET member 'itcanbedone' is short the S&P from current price (920 ES), whereas Buffett is long.

I will update this thread at regular intervals and see the progress - whether itcanbedone or Buffett is doing better.
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896.90
(2.51%)
 
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