Read? When Warren Buffett Sours on Goldman Sachs, Time to Worry
The crisis has spooked America’s forever optimist so much so that he’s fled the airline industry entirely, and now even certain automobile and banking stocks, according to a regulatory filing Friday detailing Berkshire Hathaway Inc.’s investing moves for the first quarter. This included dumping 84% of Berkshire’s stake in Goldman Sachs Group Inc. and reducing its JPMorgan Chase & Co. position by 3%. Buffett, 89, said proudly just two weeks ago that he thinks “nothing can stop America,” but it’s getting harder to believe him.
Uncle8888 is looking forward to add more Panadols from Singapore local banks as Panda/Koala retail investor in SGX.
When banks are sick then STI is dead! When STI is dead; then we have TemaSick to put them into sick bay to recover from COVID-19.
Why scare?
GE is near!
MIW are not that dumb not knowing what to do!
WB is a failure, He loss 50b.. i dont think he sell if his are all tech stock, U follow a loser, u deserve to lose big time.
ReplyDeleteLots of people criticised WB as outdated during the dot com boom. All those followed WB were the winners.
ReplyDeleteWB must have foreseen something all of us didn't. Only time will tell who is the real winner.