Question for the investor / money guys?

[markfromj]

You might want to study macroeconomics.

I did.

 

[GOHOX69]

I did.

The 'bizarrely' overvalued stock market is poised for a big correction and the smart money is moving into cash, chief strategist says

All indicators are pointing to a major correction coming for stocks, B. Riley Wealth chief strategist Paul Dietrich said.

finance.yahoo.com

 

[B1GDeal]

I would’ve picked up the tab for his table, just for the story.

I probably should have, but we were just amazed that he was there with the common folk and that nobody bothered him.

 

[Bonerfarts]

I probably should have, but we were just amazed that he was there with the common folk and that nobody bothered him.

He's a legendary home body, but you can easily find him at his favorite spots. His super power is having little to no ego and having an obsession with investing.

 

[Bonerfarts]

I'm a big fan of Buffett but really more of a fan of Munger. I highly advise anyone who has an ounce of curiosity in life to watch the shareholder meetings and read their annual reports, these guys have been giving free honest advice for decades, not only about investing but life in general. Check out Munger's book "Poor Charlies Alamanack". Those guys are the closest I've seen to finding life's secrets and openly share them to the world.

 

[NoleATL]

Have you seen his house? Not exactly pimpin.

I wonder if his house has state of the art security?

 

[Bonerfarts]

I wonder if his house has state of the art security?

Warren Buffett evaded a kidnapping attempt in the 1980s. He's prioritized his personal security ever since.

After two men tried to abduct Buffett and hold him for ransom, the investor had a security camera and 300-pound metal door installed in his office.

markets.businessinsider.com

 

[markfromj]

The 'bizarrely' overvalued stock market is poised for a big correction and the smart money is moving into cash, chief strategist says

All indicators are pointing to a major correction coming for stocks, B. Riley Wealth chief strategist Paul Dietrich said.

finance.yahoo.com

Wait. Some guy says the market is overvalued? Then it must be!

“Overvalued” is a term used by market talking heads to sound smart. Anything, stocks or gum, is worth what someone will sell it for and buy it at a given moment.

The fact that stocks may drop tomorrow does not mean they are overvalued today.

 

[MitchLL]

Wait. Some guy says the market is overvalued? Then it must be!

“Overvalued” is a term used by market talking heads to sound smart. Anything, stocks or gum, is worth what someone will sell it for and buy it at a given moment.

The fact that stocks may drop tomorrow does not mean they are overvalued today.

WTF does my post about taxes have to do with the stock market?

Asking for my inner self.

 

[markfromj]

WTF does my post about taxes have to do with the stock market?

Asking for my inner self.

Oh I see now. Your quote shouldn’t have been a part of my response to GOHOX. Sorry about that.

 

[lucas80]

If you listened to the shareholder meeting it's mostly a scale issue at this point. Finding good investments are possible and out there, but they are at much smaller scale than what he needs to use that cash. He talked about this quite a bit. I thought his comments about the way the gov't needed to perceive BH and what they do to position that as fascinating and possibly related.

Hoarding cash to jump into DJT?