Re:Warren Buffett’s Berkshire dumps most of Goldman Sachs stake
by perl4ever on Sunday May 17, 2020 @01:40AM
(#23209841)
At this point in his life, it seems meaningless to debate whether he's still a good investor. He won't have to live with the consequences of today's choices in twenty years. Neither money nor anything else can benefit him. With no incentives, it doesn't even matter if his ability is intact. In twenty years, his successors will either have run BRK into the ground or overshadowed him and nobody will look back to his final investments. Which he must know.
Re:Warren Buffett’s Berkshire dumps most of Goldman Sachs stake
by mrscottson on Saturday May 16, 2020 @03:39PM
(#23206554)
> Warren Buffet is currently overrated because he doesn't invest in a lot of tech stocks...
He's also overrated because of all the insider trading he engages in....he would be a lot poorer if the SEC had the resources/will to investigate his moves.
Re:Warren Buffett’s Berkshire dumps most of Goldman Sachs stake
by valuearb on Saturday May 16, 2020 @11:50PM
(#23209428)
Lol, that’s clearly untrue. There is zero evidence he has done any insider trading ever.
Re:Warren Buffett’s Berkshire dumps most of Goldman Sachs stake
by mrscottson on Monday May 18, 2020 @04:20PM
(#23227861)
>Lol, that’s clearly untrue
I don't think you know Buffetts track record.
Re:Warren Buffett’s Berkshire dumps most of Goldman Sachs stake
by valuearb on Tuesday May 19, 2020 @02:34PM
(#23238372)
I know more than you. Have you read both his biographies, his annual investor letters back to mid 70s, and have copies of all his Buffett Partnership letters from the 50s and 60s?
His track record and methods are an open book. And have never included insider trading.
I think its great that he doesn't invest that much into tech and is very public about it. It influences other people to not invest in every little thing that is popular if they don't understand the business mechanics behind it.