JUST IN: 🇺🇸 Warren Buffett just updated his portfolio.
‼️Buffett now holds $277 Billion in CASH and selling stocks like never before, including Apple.
He's getting ready for a crash… pic.twitter.com/fCzMopzPpr
— Radar🚨 (@RadarHits) August 15, 2024
He had tons of cash on Hand going into 2008 disaster and he is again raising cash for 2025/2026 disaster
One can see that he starts to buy good deals going into recession and economic hard times.
He had peak cash in 2005 and was buying distressed/deals even before actually recession
He will do the same this time around and also he had cash in 2008 to save a lot oglf banks ans buy bank of America for $1 (where bank of America was trading at over $40 prior to 2008 collapse)…
Warren will be looking for great deals to buy (collapsing companies, etc) in years ahead 2025/2026.
If Warren is selling and raising cash and Bezos and insiders of comapnies, maybe you should too…
Do what they do, NOT what media tells they do
They raising cash. So am I.
Worse case I have some cash on Hand (not 100% cash that would be stupid but enough to be ready) and if nothing happens, and I re enter market later and thats ok
but if narket does collapse, I will be picking up assets much cheaper then they are today.
He had tons of cash on Hand going into 2008 disaster and he is again raising cash for 2025/2026 disaster
One can see that he starts to buy good deals going into recession and economic hard times.
He had peak cash in 2005 and was buying distressed/deals even before actually… pic.twitter.com/7hQ9mNWK7t
— Financial Freedom ☀️ (@FutureISBrightG) August 15, 2024
Had lunch with a high-tech insider last week.
The industry is expecting a major decline in business for 2025. Part of a very predictable cycle.
Given this and the M-Pox fake, I am dumping everything today to cash.
Economic Growth Myth & Why Socialism Is Rising
https://www.zerohedge.com/markets/economic-growth-myth-why-socialism-rising
Sell into strength
Peter Schiff is back in Puerto Rico for this episode. He explains his theory behind the market’s bounce back last week, notes why last week’s panic bodes poorly for Bitcoin, and comments on two major political events— Kamala Harris’s VP pick and the “hate speech” clamp-down in the United Kingdom.
With more evidence mounting of a recession, Peter reminds us that the Fed’s policy over the last few decades makes such a recession inevitable:
https://www.zerohedge.com/markets/peter-schiff-more-disastrous-rate-cuts-horizon
JUST IN – Gold hits new record high.
— Disclose.tv (@disclosetv) August 16, 2024
h/t DOORBERT