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Buffett AGM Comments


Nomad

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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

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