Some good points but he isn’t always right, either. He missed early wins on apple, facebook, google, bitcoin. And he bought $13 billion of OXY – it’s now at the 52 week low.
A couple of reasons he could have switched to cash (besides thinking everything is expensive): Tax-loss harvesting (cap gains may be higher next year) and knowing that B of A has a ton of bad loans they will have to reconcile.
But agreed, he thinks everything is expensive and he’s right. I’m also 80% in cash USFR and have been waiting…and waiting for the market to correct. I hope he’s right.
Prob is he’s 94. Huge questions surround if it can continue with his passing. BRK also sold off massively with the corrections. And….it pays no dividends and has a PE over 25
He’s 94 years old, if ever he was going to be wrong it would be now. If ever he just wanted to enjoy and do something with the fruits of his investments, it would be now.
at min mark 2:00 you say:
> “…we can’t just look at the total cash allocation to understand what Warren Buffett is doing. We need to look at his cash allocation relative to the size of all of Burkshire Hathaway’s Holdings in percentage terms”
And I say… exactly.
Which is why I’d like to ask, again, for you to help your customers (3rd year subscriber here) by providing us that same thing for Bravos:
– some sort of total cash allocation “idea”.
This is the last missing piece to a complete picture. The “trade ideas” with weights are fine… but they’re difficult to action without that full picture context.
Please consider adding something along these lines. The first year I was with you, you used to provide that in a model portfolio.
I _love_ the analysis – enough so that I did decide to renew for 2025. I just wish I could get a better handle on how I might apply the weights as part of a complete portfolio. TIA!
Some good points but he isn’t always right, either. He missed early wins on apple, facebook, google, bitcoin. And he bought $13 billion of OXY – it’s now at the 52 week low.
A couple of reasons he could have switched to cash (besides thinking everything is expensive): Tax-loss harvesting (cap gains may be higher next year) and knowing that B of A has a ton of bad loans they will have to reconcile.
But agreed, he thinks everything is expensive and he’s right. I’m also 80% in cash USFR and have been waiting…and waiting for the market to correct. I hope he’s right.
Your animations are superb — what software do you use? Is this a DIY process or do you pay somebody? Great stuff!
Paying subscriber Mike R.
Why do I get a notice that the video is inavaliable?
Click the youtube icon on the bottom right, open and play in youtube.
Prob is he’s 94. Huge questions surround if it can continue with his passing. BRK also sold off massively with the corrections. And….it pays no dividends and has a PE over 25
He’s 94 years old, if ever he was going to be wrong it would be now. If ever he just wanted to enjoy and do something with the fruits of his investments, it would be now.
@Peter:
at min mark 2:00 you say:
> “…we can’t just look at the total cash allocation to understand what Warren Buffett is doing. We need to look at his cash allocation relative to the size of all of Burkshire Hathaway’s Holdings in percentage terms”
And I say… exactly.
Which is why I’d like to ask, again, for you to help your customers (3rd year subscriber here) by providing us that same thing for Bravos:
– some sort of total cash allocation “idea”.
This is the last missing piece to a complete picture. The “trade ideas” with weights are fine… but they’re difficult to action without that full picture context.
Please consider adding something along these lines. The first year I was with you, you used to provide that in a model portfolio.
I _love_ the analysis – enough so that I did decide to renew for 2025. I just wish I could get a better handle on how I might apply the weights as part of a complete portfolio. TIA!