9 ms·
Pretty smart already having significantly reduced his shareholdings before the market tanked.
by cjbenedikt 2y ago
Pretty smart already having significantly reduced his shareholdings before the market tanked.
- actionfromafar 2y agoIs smart approximately the same as well connected? In that case the GOP congress seems very smart, putting in orders just minutes before whitehouse tariff announcments.
- BLKNSLVR 2y agoNo. Buffet had been exiting positions to cash for a few months. My impression is that he started that process once he got a whiff of the possibility of a second Trump term in combination with the likelihood of an incoming recession (based on historic indicators), no matter who won the presidential race. That's smart as opposed to well connected / insider trading.