Buffett Knows

Posted on October 8, 2024 by DRenegade

    
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ColdSoldier
ColdSoldier
1 month ago

We are going to start WWIII this month, that’s why.

5
foot in the forest
foot in the forest
1 month ago

They are short the silver market by approximately 150 million ounces and Warren does not like the sucking sound coming from the drain B of A is circling.

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Latigo Morgan
Latigo Morgan
1 month ago

He probably knows that a bank that gives unsecured loans to people who cannot and will not pay them back is not a sustainable business model.

2
kal kal
kal kal
1 month ago
Reply to  Latigo Morgan

More than 80% of banks are underwater with commercial RE loans, BOA is closing brick and mortars, and the collapse is right around the corner.

1
Al Buckner
Al Buckner
1 month ago

I have follow Buffett for years. I was a.HR manager years ago and when he purchased Kroger stock. I took all of my 401K and brought it. So glad I did, it.helped me leave the corporate rat race and retire.

1
Patriot_One
Patriot_One
1 month ago

What does he know? He knows when to get his money out of the bank.

0
kal kal
kal kal
1 month ago
Reply to  Patriot_One

Guessing that with this dump, he is holding well over $100 million in cash.

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DRenegade
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DRenegade
1 month ago
Reply to  kal kal

Berkshire Hathaway (BRK-B) -- Cash on Hand
Cash on Hand as of June 2024 : $276.94 B
According to Berkshire Hathaway ‘s latest financial reports the company has $276.94 B in cash and cash equivalents.
A company’s cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

1
Steady Steve
Steady Steve
1 month ago

That’s one bank that deserves to die. Hopefully no one buys up the debts owed to them.

1