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sure, that's been the case for many decades now we all heard the same thing in 1999 and 2007: "the smart money is buying" maybe, maybe not, the smart money ha
by recursivedoubts 4y ago
sure, that's been the case for many decades now
we all heard the same thing in 1999 and 2007: "the smart money is buying" maybe, maybe not, the smart money has no reason to tell us the truth, many reasons to hide what they are doing and access to investments that normies don't
no crystal ball here, but things look like they could get very bad
we'll see
- danielmarkbruce 4y agoWe are talking about the Buffett indicator... named after Buffett... who said at the time stocks were too expensive, and wasn't buying. He is buying now and you don't have to take his word - Berkshire files a 13-f with the SEC. It shows lots of buying. If that filing is materially incorrect, he's going to jail along with a few of his guys - very unlikely.
- recursivedoubts 4y agolast I looked he bought a bunch of energy stocks right before the govt. decided to freeze the second largest supplier out of the market, I think he'll be alright and probably won't be going to jail we'll see, let's check in in six months, maybe this time its different
- danielmarkbruce 4y agofinancials, tech, energy, industrials.