Author Topic: The Sage has Spoken....  (Read 390 times)

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Online catfish1957

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The Sage has Spoken....
« on: May 05, 2020, 02:51:18 pm »


Maybe one of the most anticpated financial events annually is the Berkshire shareholders meeting. 

Buffett gave his thoughts and outlooks today, and really took it on the chin admitting he wrongfully got into Airline stocks, and just sold $40B of it within the last week. Pretty unusual mea culpa coming from him.  IMO...  Selling LUV @$29/sh was a mistake.  This is a good well run company that will be roaring back when things start returning to normal.

Also taking a little shine off the  BRKa trophy is that many pudits are bringing up that Berkshire Hathaway is now acutally LAGGING the S & P and other metrics over the past 10 years.  In any case, his op-eds are always at least worth a look, and the link is below.

https://finance.yahoo.com/news/warren-buffett-stocks-bet-on-america-index-fund-morning-brief-100546992.html
I display the Confederate Battle Flag in honor of my great great great grandfathers who spilled blood at Wilson's Creek and Shiloh.  5 others served in the WBTS with honor too.