scorpioncapital Posted May 16, 2020 Share Posted May 16, 2020 I don't see this conclusion at all. He is selling airlines and banks. both businesses are impaired in this environment of low rates and travel. Link to comment Share on other sites More sharing options...
deadspace Posted May 16, 2020 Share Posted May 16, 2020 I don't see this conclusion at all. He is selling airlines and banks. both businesses are impaired in this environment of low rates and travel. Agree. Since when does Buffett time markets and jump in and out of stocks. Even if he knew there was a market drop coming he wouldn’t sell all his stocks. This are industry specific calls and speak to specific impairments in banking and airlines not a comment on the probability of a market drop Link to comment Share on other sites More sharing options...
UK Posted May 16, 2020 Share Posted May 16, 2020 So ... I’ve been buying American stocks. This is my personal account I’m talking about, in which I previously owned nothing but United States government bonds. https://www.nytimes.com/2008/10/17/opinion/17buffett.html Link to comment Share on other sites More sharing options...
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