25iQuiz: How much has the value of Berkshire's $128 Billion in cash dropped during this "correction" so far?
Did you see any articles today saying Warren Buffett has been stupid not to compete with private equity firms in open outcry auctions organized by investment banks?
Did you see any articles today saying Warren Buffett has been stupid not to compete with private equity firms in open outcry auctions organized by investment banks?
Near the low point in the 2009 stock market decline, Charlie Munger invested $20M of the Daily Journal's cash largely into the shares of four companies. bloomberg.com/news/articles/…. Munger: “It's waiting that helps you as an investor, and a lot of people just can't stand to wait.”
"Cash is a call option with no expiration date on every asset class, with no strike price.” Warren Buffett.
"Wealth isn't about having a lot of money; it’s about having a lot of options.” Chris Rock.
“What money gives you is freedom to not worry about money.” Johnny Carson.
"Wealth isn't about having a lot of money; it’s about having a lot of options.” Chris Rock.
“What money gives you is freedom to not worry about money.” Johnny Carson.
Charlie Munger: “For a security to be mispriced, someone else must be a damn fool. It may be bad for world, but it is not bad for Berkshire.”
Warren Buffett: "Holding cash is uncomfortable, but not as uncomfortable as doing something stupid with it."
Warren Buffett: "Holding cash is uncomfortable, but not as uncomfortable as doing something stupid with it."
