News for hackers. Stuff that matters.
Re:When buying the dip doesn’t work: An analysis of the dot-... by carnitine on Sunday May 08, 2022 @05:41AM (#31302574)
Interesting that you cite BRK, who famously have been sitting on ~150bn in cash recently. Professional investors absolutely sit on cash all the time.
Re:When buying the dip doesn’t work: An analysis of the dot-... by gabereiser on Sunday May 08, 2022 @08:05AM (#31303301)
Yeah, they did, and within a month or two it was reinvested elsewhere. Whether it was pulling out of American Airlines in favor of more shares of Chevron, or doubling down on tech stocks. BRK doesn’t just sit on 150bn in cash for longer than they have to. Not saying they don’t sit on cash but they definitely don’t sit on it for a year or more.
Re:When buying the dip doesn’t work: An analysis of the dot-... by gabereiser on Sunday May 08, 2022 @08:07AM (#31303312)
Show me a hedge fund that sat on more than 1% of their holdings for more than a year. I’ll wait.