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Buffett has been aggressive selling stock in the last year ($134 billion total in 2024) and Berkshire is right now sitting on $334 billion cash vs $272 billion

by paxys 2y ago

Buffett has been aggressive selling stock in the last year ($134 billion total in 2024) and Berkshire is right now sitting on $334 billion cash vs $272 billion in equities. Kinda funny because he's the first one who will tell you "don't time the market", but he definitely timed it to perfection. "Be fearful when others are greedy and greedy when others are fearful".

itsthecourier 2y ago
he says so because he is able to do it with some good degree of accuracy and knows how hard it is
mbac32768 2y ago
> Kinda funny because he's the first one who will tell you "don't time the market", but he definitely timed it to perfection. I don't know if he's specifically said this but I think a more accurate picture of his view is "unless you're an idiot savant like me whose skill for this would be useless at any other point in history, don't try to time the markets".
- wetpaws 2y ago
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watwut 2y ago
He is against tariffs in 2025 as executed by Donald Trump, openly.
bongodongobob 2y ago
Well Trump was favored to win by a decent margin months before the elections and he's doing exactly what he said he'd do. I pulled a lot of money out last fall. This wasn't that hard to predict. The hard part is how far down is the bottom.
Calwestjobs 2y ago
so he is sitting on 334 billion? that is almost Buffets "USA net ownership balance in 1980" - 360 billion. from that 2003 document... ;)
ajmurmann 2y ago
I'm very pessimistic about the stock market right now but am also very concerned about inflation. The stock will go back up the cash won't. Where am I wrong?
graeme 2y ago
Buffett's position is the vast majority of people shouldn't time the market if they aren't full time investors. But that skilled full time investors can beat the market. See the Superinvestors of Graham Doddville: https://en.m.wikipedia.org/wiki/The_Superinvestors_of_Graham-and-Doddsville https://en.m.wikipedia.org/wiki/The_Superinvestors_of_Graham...
rib3ye 2y ago
It's not timing. His principal is simple: Buy priced fairly or underpriced businesses. Sell overpriced businesses. The not simple part: Using 80 years of business experience to assess strengths and risks to an enterprise, and not FOMOing into something. He would say, he doesn't buy stocks, he buys businesses. How many people buying stocks have even opened a 10K? One of the few shining examples of investor vs trader mindset.

by paxys 2y ago

itsthecourier 2y ago

he says so because he is able to do it with some good degree of accuracy and knows how hard it is

mbac32768 2y ago

> Kinda funny because he's the first one who will tell you "don't time the market", but he definitely timed it to perfection. I don't know if he's specifically said this but I think a more accurate picture of his view is "unless you're an idiot savant like me whose skill for this would be useless at any other point in history, don't try to time the markets".

wetpaws 2y ago
[dead]

watwut 2y ago

He is against tariffs in 2025 as executed by Donald Trump, openly.

bongodongobob 2y ago

Well Trump was favored to win by a decent margin months before the elections and he's doing exactly what he said he'd do. I pulled a lot of money out last fall. This wasn't that hard to predict. The hard part is how far down is the bottom.

Calwestjobs 2y ago

so he is sitting on 334 billion? that is almost Buffets "USA net ownership balance in 1980" - 360 billion. from that 2003 document... ;)

ajmurmann 2y ago

I'm very pessimistic about the stock market right now but am also very concerned about inflation. The stock will go back up the cash won't. Where am I wrong?

graeme 2y ago

Buffett's position is the vast majority of people shouldn't time the market if they aren't full time investors. But that skilled full time investors can beat the market. See the Superinvestors of Graham Doddville: https://en.m.wikipedia.org/wiki/The_Superinvestors_of_Graham-and-Doddsville https://en.m.wikipedia.org/wiki/The_Superinvestors_of_Graham...

rib3ye 2y ago

It's not timing. His principal is simple: Buy priced fairly or underpriced businesses. Sell overpriced businesses. The not simple part: Using 80 years of business experience to assess strengths and risks to an enterprise, and not FOMOing into something. He would say, he doesn't buy stocks, he buys businesses. How many people buying stocks have even opened a 10K? One of the few shining examples of investor vs trader mindset.