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To: MeneMeneTekelUpharsin

I am not a trader, but off the top of my head, it looks like a lot of his holding may have long term problems due to COVID.

He owns a lot of bank and financial stocks — which will see a lot of bankruptcy loan defaults. (Visa is probably ok, but the banks who issued the cards are on the hook for the losses.) Store capital is REIT for shopping centers who aren’t paying rent.

Sirius XM is going to have a lot of competition when Musk’s Starlink goes live. General Motors doesn’t look too healthy. Plus he owns retail and restaurant brands, some may never recover.

Maybe traders are cranky Berkshire didn’t capitalize on the down markets and buy quality when everything was down. He is still sitting on piles of cash. And the value of cash is going to plummet thanks to the printing presses going at warp speed.

https://www.cnbc.com/berkshire-hathaway-portfolio/


22 posted on 05/19/2020 1:21:13 PM PDT by bhl
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To: bhl

Thank you for a well-thought-out, respectful answer. I made quite a bit of money today in the market and was just asking a question. I am getting to where I do NOT like disrespectful, critical people who think I know nothing and can not make money. I am unable to describe the depth of rage against people like that. I believe some guys are ONLY trying to provoke a person so they can then make fun of the person when they go off. I am not going to play the game. I respect your ability to answer the question.


43 posted on 05/19/2020 3:33:00 PM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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