dow jones

UnionStrong

Sorry, but I don’t care anymore.
Just when I thought that the light at the end of the tunnel wasn’t going to be a freight train.

Another 5 years in the salt mines...joy
Silence!
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vantexan

Well-Known Member
If the markets melt down, there won't be a safe haven except for U.S. treasuries. On a worldwide basis. The U.S. will not under any circumstances default on them. It'll print the money to pay the interest if need be. China and Europe are in even worse shape than us so look for them to park their money here.
 
If the markets melt down, there won't be a safe haven except for U.S. treasuries. On a worldwide basis. The U.S. will not under any circumstances default on them. It'll print the money to pay the interest if need be. China and Europe are in even worse shape than us so look for them to park their money here.
You know Warren is always looking for values but my take on what he is doing is
He believes the market is overvalued right now and he's going to park his money until he find some good deals to buy
 
Article says he's still 75% risk assets.
He's a long-term holder.
He doesn't buy something on the cheap and if it goes up he dumps it right away.
But for my take on what he's doing with his cash that in the short term he does not see any good values so he's going to make the most of his money that he can right now.

I've been doing the same of my own portfolio for the last couple years.
Buy my i bonds. Some T bills and 2-5 treasury notes

That's my retirement slush fund
 
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