No. of Recommendations: 0
wish to opine.
Yesterday if Buffett had said, Greg called and told me he wanted to hire a new kid, super sharp in the tech space. The new hire agreed to a very creative pay-package and brk will fund him with 10 billion to invest in equities, IPOS, and private rounds that brk partners do not have access too. Would brkb, the common, have responded positively to that news?
Buffett constantly says he doesn't believe in market timing, he has no idea where stocks will be in a week, a month, a year, etc. If being 30 percent plus cash the past 3-5 years isn't market timing, what would you call it,
selective timing
irrational bearishness
wrong
slightly early on the bearish call
ALL of the above?
Thank you for your attention to this matter, your favorite partner, living large in Vegas on his IV net worth, hc. ::))