Jump to content

Buffett Bet $3.6B on Stocks in Quarter Before Rout


Recommended Posts

A "good" market timer, he is not  :P



I don't think he should given that many of the holdings have been trading at lower valuations than summer 2010. And maybe he is buying this very instant.  :)


And people said the same thing in 2008 when he went in "too early".  



They could have bought a bunch of things.

- WFC is down a lot but already a very large size of the portfolio;

- JNJ is still as cheap as last year;

- WMT is even cheaper;

- MA (but I doubt they would have bought a lot of it, not in the order of $1b+ imo);

- ADM;

- ... ?

Link to comment
Share on other sites

Exactly what I tought when I saw the current cash position, with the redemption of GS and Swiss Re investments, as well as Ge which will come this fall. So a lot of cash availabe with a perfect timing for Buffet with the market going down. Maybe he will buy more common stock than in March 2009 this time, with more cash to deploy.

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Create New...