Stock scream room

Discussion of the Stock portion of the Permanent Portfolio

Moderator: Global Moderator

User avatar
Ad Orientem
Executive Member
Executive Member
Posts: 3117
Joined: Sun Aug 14, 2011 2:47 pm
Location: Florida USA
Contact:

Re: Stock scream room

Post by Ad Orientem » Fri Nov 29, 2019 11:18 pm

Not a fan of doom porn, but Warren Buffet is a hardcore stock bug and he is sitting on $128 billion in cash. More than a few people think the market is getting frothy and is due for a correction.

https://www.cnbc.com/2019/11/29/buffett ... ation.html
User avatar
mathjak107
Executive Member
Executive Member
Posts: 2085
Joined: Fri Jun 19, 2015 2:54 am
Location: bayside queens ny
Contact:

Re: Stock scream room

Post by mathjak107 » Sat Nov 30, 2019 4:03 am

warren has tried to buy some private companies with that money but it did not go through . tech data was one .

he is on the hunt to buy but he has not found what he is looking for . don't forget he buys a lot of private companies we can't and they are uneffected in price by market drops since they dont trade on stock exchanges .
User avatar
dualstow
Executive Member
Executive Member
Posts: 8785
Joined: Wed Oct 27, 2010 10:18 am
Location: next to emotional support peacock
Contact:

Re: Stock scream room

Post by dualstow » Sat Nov 30, 2019 6:37 am

Yep, Warren B was outbid by Apollo Global.
RIP Paul Volcker
Post Reply