Buffett continues to bet on a stock market crash

[jon-nyc]

They’re probably earning more like 4% but still there’s some opportunity cost there.

[Horace]

Yeah I guess it's in cash equivalents with sufficient liquidity, earning something or other.

[kluurs]

So, what do we recommend for Buffet to ensure he'll not outlive his investments?

[Axtremus]

@Horace said in Buffett continues to bet on a stock market crash:

@Axtremus said in Buffett continues to bet on a stock market crash:

Maybe he just doesn't want to do too much now as he nears retirement, leaving more big decisions to his successor.

Keeping cash is as big a decision as investing it is.

Yet one that can be easily changed.

[Mik]

It may be part of his decision to give away the fortune.

[Horace]

@Axtremus said in Buffett continues to bet on a stock market crash:

@Horace said in Buffett continues to bet on a stock market crash:

@Axtremus said in Buffett continues to bet on a stock market crash:

Maybe he just doesn't want to do too much now as he nears retirement, leaving more big decisions to his successor.

Keeping cash is as big a decision as investing it is.

Yet one that can be easily changed.

Open market stock investments are easily changed.

[jon-nyc]

@kluurs said in Buffett continues to bet on a stock market crash:

So, what do we recommend for Buffet to ensure he'll not outlive his investments?

Give it all to me and I will support him and his wife until they die.

That’s the kind of guy I am, I don’t even know them yet I’m willing to assume their longevity risk.

[Horace]

Michael Burry of Big Short fame took out a bunch of shorts on AI plays like PLTR and NVDA last quarter. They're all deeply underwater by now, presumably, but maybe they'll pay off eventually.

[89th]

I'd have to imagine they'll come back to earth eventually. The valuations are pretty bananas, but who knows. I got lucky buying PLTR a few years ago at like $6, so a few months ago when it was at $160 I sold like 30%. Of course it's like $190 now...

[89th]

Ha guess it was at $210 yesterday but is down 15% today.