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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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18896893 No.18896893 [Reply] [Original]

Why did this 89 year old inside trader attempt to crash the market? Hes going on 90 and is worth billions, he really need to try to make that extra dollar before he dies?

>> No.18896905

>>18896893
>attempt
Succeed*

>> No.18896911

>>18896893
He sold his soul

>> No.18896927

>>18896893
People like this fear death because they’re going to hell, sorry

>> No.18896978

>>18896893
i literally sold at 8900 because of this shithead, bought back in at 8600 so we will call it even for now

>> No.18896983

>>18896905
Guess you just woke up today, market was green and futures are only down .2% meaning we will probably have another green day or at the least a barely red day that will end green

>> No.18896992

Warren is very much part of the creepy global elite who have plans to enslave people to bring in some utopian system with one world government. And I expect he is easily controlled cause he obviously a kiddie fiddler. He plays with train sets.

>> No.18896996

>>18896893
Probably the only way he's able to get a chuckle anymore.

>> No.18897032
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18897032

>>18896893
Yes

>> No.18897051

Because he timed the market wrong this time, and is desparate trying to bring the numbers down so he can buy back in.

We see the exactly same thing here everyday with those who missed the last btc dip.

>> No.18897126

No amount of pornstar-grade boner pills get ol' Warren hard anymore so he has to fuck entire nations instead.

>> No.18897150

Don’t forget, his fund failed to match the SPX over the past 5 years. Following this guy who was born in 1930 into his final days is just asking for trouble.

>> No.18897264

>>18896893
fuck this kike

>> No.18897274

>>18897051
Buffet's investment strategy isn't even about timing things perfectly. He's too much of a longterm investor to be concerned with that.
I have a somewhat wealthy relative with a lot of cash looking to invest right now. He thinks timing bottom is impossible, so instead he's just going to gradually buy in this year, a little every month.

>> No.18897296

>>18896927

Came here for this kind of comment. Buffet is insane. There's never enough money and his life is pure obsession.

>> No.18897322

>>18896927
"O you who have believed, let not your wealth and your children divert you from remembrance of Allah . And whoever does that - then those are the losers." (Holy Quran 63:9).

>> No.18897325

>>18896992
This. He's a clockwork elf puppet like fellow pervert Bill Gates

>> No.18897371

Rich olds fucking WATCHED they sat and WATCHED the U.S. go from the 50s to zie/zim/zir pronouns while holding massive financial power that could've stopped that shit at any time, you think they're not pieces of shit that just want to harm YOU?

>> No.18897418

I don't know how the same people believe "Buffet is so dumb selling at bottom" and "Buffet is part of the all-powerful global pedo elite."
hes either stupid or all-powerful. cant be both. if there is an illuminati and hes part of it, they could've helped him avoid selling at bottom

>> No.18897443

>>18897418
>The stupid cant be powerful
Even someone with downs can make billions in the market when their congressman daddy and his friends tell you what to buy, when, and when to sell

>> No.18897527

>>18897443
stupid can be powerful
stupid cant be all-powerful

>> No.18897666

>>18897418
>hes either stupid or all-powerful. cant be both


You can't really say this when Donald Trump is the president

>> No.18897679

>>18896893

Tom GUY is JUSTED

>> No.18897695

he’s a nigger

>> No.18897754

>>18897695


J Dale is truly musty I concur —- rollerino

>> No.18897842

>>18897274
smart relative

>> No.18898342

>>18897274
>timing things perfectly. He's too much of a longterm investor to be concerned with that.
Buffett's median holding period is ONE YEAR.
And yes, he is a market timer, and has generated much of his alpha through it.
The problem is this time, the FED is backstopping the crash, and retail investors, who are usually frightened by crashes, having seen how well people who bought near the the bottom in '09 did, are piling into the market too, so the mega crash Buffett the vulture has been waiting for won't materialize.

>> No.18898569

>>18898342
i stand corrected. i was under the impression his hold period was much longer

>> No.18898749

>>18896893
>attempt to crash the market?
how can you tell?
he's not in cash but in Big Banks

>> No.18898780
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18898780

>>18897666
>Drumpf

>> No.18898806

>>18897371

good post, either this or they helped bring it about

>> No.18898840

>>18896893
Why is /biz/ so short minded? This whole shit is far from a V shape recovery. Currently we are in a text book bear market with a perfectly lined up rally... We will see who stays true in the end, but one thing is for sure....it wont be biz

>> No.18898871
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18898871

>>18896992
IIICE CREEAM COOONE!! .. You know who else goes ice cream cone. Pull up in a van... you like ice cream? I have ice cream, I have candy 5 year old...

>> No.18898879

>>18898342
His cash reserves are at a record high now.

The FED intervened in 2008 too and stimulus packages came too and it went right to the shitter. Stock market will always come back to reality and once all the zoomers and retail investors who are propping up the prices right now with their flawed logic about buying the dip, you will see where it will end.

Everything you have said is nothing out of the norm. I am leaning towards history results.

>> No.18898901

>>18896893
yeah i mean if i were him i would have probably retired 20 years ago when i was already a billionaire and handed the reins over to my son or something (while advising him from the sidelines so the son appears to know what he's doing). instead he's still making all the decisions at 89 years old and people still treat him like he's the finance messiah when they ship their own parents off to a nursing home as soon as they turn 80. it's crazy.

>> No.18899017

>>18896893
It's just a game to him at this point, I'd imagine

>> No.18899498

>>18898780
I voted for him and might do it again in November. Doesn't mean I don't think he's stupid.

>> No.18899522

>>18896983
You bulls are losing your grip on reality every day. Are you actually kikes?

>> No.18899612

>>18897666
DERRUMPFF WHAT DID YOU DO THIS TIME?

>> No.18899766

>>18897371
based

>> No.18899778

Is this the thread where the Buffett haters circlejerk and tell each other they are actually at his level but just didn't have the same luck or advantages lmao

>> No.18899820

>>18896893
He just realized that airlines will be out of business for about a year until a vaccine comes out, and by the time that happens nobody in the US will have money left to travel anywhere.

But if you're schizo that doesn't make sense, nothing can be that simple and honest.

>> No.18899825

>>18896893
>dies
these people don't die

>> No.18899837

>>18896893
He is an addict.

>> No.18899842

>>18898569
>i was under the impression his hold period was much longer
Buffett has a lengthy history of being deceptive for the sake of manipulating markets or protecting and enhancing his brand.
For example, on March 13, he said:
>https://finance.yahoo.com/news/warren-buffett-i-wont-be-selling-airline-stocks-142849303.html
>“I won’t be selling airline stocks,” he told Yahoo Finance editor-in-chief Andy Serwer this week.
How many rubes, after hearing him say that, bought airlines?

>> No.18899859

>>18898871
This is why I browse

>> No.18899863 [DELETED] 

Why doesn't he actually do something with his money, he just keeps investing?

>> No.18899869

Why doesn't he actually do something with his money, he just keeps investing until he dies?

>> No.18899882

>>18899820

There has never been a vaccine for a coronavirus, this is SARS2 nigger, it'll be coming in waves.

>> No.18899911

>>18899882
that's what I said, dumbass

>> No.18899924

>>18899911

>for about a year
retard, it's going to take a lot longer than that

>> No.18899939

>>18899924
I love it when morons spot their mistake and try to change it to make sense. Thanks.

>> No.18899947

>>18896893
>no, THIS rich person bad

>> No.18899971

>>18899939

You mean you love it when morons spot your mistake, moron?

>> No.18900453

how can you tell?
he's not in cash but in Big Banks

>> No.18900470
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18900470

>>18896893
>>18896911
this

>> No.18900554
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18900554

>>18896893
>the jews used their favor he owed them before he dies.
Funniest part is, he thought that by following their orders he’d also be securing the title of “oracle”, because he’s been such a good goy. He thought it was a mutual exchange.
This ended up being the punchline to the joke they were playing on him. BRK will be fine, he will be fine, but he doesn’t look like an oracle anymore. Buffett bought the falling knife, and sold the bottom, publically squawking the whole way through.

>> No.18900587

>>18896893
I don't think it was calculated. At the meeting he looked tired and spooked. This corona quarantine situation is completely out of his experience and i think it scares him.

>> No.18900616
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18900616

>>18900587
exactly. he's got no fucking idea, just like everyone else.

>> No.18900679

he made a smart move given the situation. airlines are all going to plummet into worthless void.

>> No.18900744

>>18898342
Thats because all the money printing is going straight into stocks. But with stocks there is a battle with deflation happening right now as boomers continue selling stocks for their retirement and zoomers refuse from buying because they just got fired from their wagecuck jobs and spend all their time on tiktok to cope and thus at one point the demand for stocks will cave

>> No.18900801

>>18897371
Do you think it possible that pronoun explosion flew a bit under Warren's radar?

>> No.18900847

>>18897418
>if there is an illuminati and hes part of it, they could've helped him avoid selling at bottom
assuming there is not another powerful cabal fighting them

>> No.18900976

>>18899498
Well then youre stupid. Anyone who listens to Trump for 5 mins should be able to tell hes extraordinarily high iq. No ass kiss just facts. Underestimating him is why he won in the first place.

>> No.18900977
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18900977

>>18896893
You are implying that it matters to him that he already has enough money to never have to work again. Most mega wealthy people like this are so psychopathic that they crave more and more money and power like a drug. Do you ask a cocaine addict why he needs X amount of cocaine every day while a casual user only needs Y amount every so often? No OP, its never enough and just like a drug addict they won't hesitate to fuck over anyone in their path to get that dopamine hit to their shriveled brain.

Imagine being so fucked in the head that any amount of money won't make you happy. That's 99% of politicians, CEOs, celebrities, etc. Their lives consist of chasing the dragon on a never ending loop.

>> No.18900997

>>18899522

They have the kike mind virus. This is like 50% of White America. The other 50% are negrified. They're irredeemable.

>> No.18901057

>>18897371
They purposely created that shit.

>> No.18901094

>>18900976
> extraordinarily high iq
he has decent iq and an extraordinary salesmanship, plus he has pretty good instincts.

>> No.18901105

>>18896893
Why did a boomer try to fuck over everyone else? You really gotta ask this?

>> No.18901298

>>18900977
>Cope & Projection: The Post

Everyone has a purpose in life. It's like finding the one game you are good at like no one else. Some people are lucky enough to have found this game and others simply gave up along the way. Buffett falls into the former.

Find your niche and get good. Stop wasting your energy on being bitter.

>> No.18901314

>>18896893
These dudes are all psychos. I'd retire after making enough to get by for the rest of my life desu.

>> No.18901381

I don't get it either. This old ass nigga has one foot in the coffin and still playing the market like a schleb, just relax you old fuck, sail your boat with mcdonalds restaurant on board and enjoy time with family.

>> No.18901411

>>18899869
he's frugal as fuck still lives in the same house he bought 50 years ago.

he's pledged to give away 99% of his fortune though. i'm sure all his relatives were thrilled when he made that announcement.

>> No.18901417

>>18897666
He has 150 iq

>> No.18901434

>>18899882
what is herd immunity? even if this thing does come back eventually we're going to have to resume life. i mean 13% of people already tested in NYC had coronavirus antibodies. it's not like this thing is never going to go away.

>> No.18901499

>>18901411
kek whats he worth ? 200 billion? I'm sure his relatives won't give a fuck receiving 1% of that. That is more than enough for 100 generations

>> No.18901505

>>18901314
Yes, that's what you say now. But once you've been retired 2-3 years no matter what you've been doing (traveling, partying, sex, etc) you will be bored as hell and wonder what the fuck are you doing with your life. It's like Tim Ferriss and his 4-hour workweek: He eventually realized there was no point to early retirement and chose to go back to working more hours and earn more money.

The only people who don't do that are retards that earned that kind of retirement money out of pure luck. But those who KNOW how to earn that money and have the skills to do so are addicted to the race.

>> No.18901508

>>18896992
>He plays with train sets
Why the fuck. If I was a billionaire I could buy actual trains

>> No.18901537

>>18896893
Sadly hes right just wait till airlines release their earnings they plan on being down 80% in profit for the next year and won't be seeing 2019 profits for at least 3 years.

>> No.18901563

>>18901508
you could buy tracts of land and build your own train station like a toy set because what the fuck does money even matter to you at that point. rich people have no imagination. they have successful businesses, a bunch of houses, vehicles and clothes but nothing truly stunning

>> No.18901572

>>18896893
Jews Gona Jew

>> No.18901598

>>18901563
But that's retarded and the government wouldn't let you chop down a thousand trees to build a stupid fake train

>> No.18901601
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18901601

>>18897322
Fuck off with your pedo shit

>> No.18901608

>>18897051
SOOOO MUCH THIS all the pro traders begging for a drop and are hateful ... don’t doubt trump.

>> No.18901632

>>18901417
Source

>> No.18901649

>>18901598
the government wouldnt allow you to slip them a couple billions to do whatever the fuck you wanted? in some bumfuck woods 100s of miles aways from the nearest soul? you have a high opinion of the US fed.

>> No.18901671

>>18901649
This is why you arent rich if you think spending 2 billion on a dumb train you'll forget about in a 2 weeks is a good move

>> No.18901685

>>18901671
i never said it was a good move, i said it could be done by him and rich people arent the spectacle i wish they were

>> No.18901715

>>18901685
Probably not cause you need permits and shit to build a railway system

>> No.18901743

>>18901715
which he would acquire through money. the answer to everything is money. He could build an island for his train set and then he wouldnt have to worry about permits and zoning laws

>> No.18901797

>>18901671
We're comparing it to someone who was for most of his life the world's richest man playing with toy trains

>> No.18901800

>>18901743
Not always like If you wanted to tear down the whitehouse to build your train nobody is going to let you, doesn't matter how rich you are

>> No.18901817

>>18901800
Trump could literally do that though

>> No.18901841

>>18899522
I needed to head this I’m drunk withgreen nothing can stop this market even war would send it high

>> No.18902004

>>18900801
I would say ask your grand parents if they knew wtf is going on. With that shit and I would say they wouldn’t have a fuckin clue but he’s more involved in the market but. Not in that useless bullshit

>> No.18902350

>>18901411
>he's pledged to give away 99% of his fortune though
give it to (((whom)))?

>> No.18902375

>>18902350
being related to warren buffet.
>not copy his trades
>complain when still poor after entire life.

mega faggots, that and 1 percent is still fucking loaded

>> No.18902391

>>18896893
You don't just stop doing what you have done all your life at 90.

>> No.18902875

Whatever his reasons may be, when I saw him speak it made me realize how bad sleepy Joe's health and mental wellbeing is. Maybe it's all the adrenachrome babysperm he get's injected into his eyeballs every morning when he wakes up. BTW does anyone know where I can get my hands on some of that stuff, recently I've been inviting all the boys over to the condo for a swingers party and we could really use some of that stuff. Welp talk to you later losers

>> No.18902928
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18902928

>>18896893
because

>> No.18903059

>>18898840
>Why is /biz/ so short minded? This whole shit is far from a V shape recovery
when recovery?

>> No.18903377

>bitter losers thread
Yawn