r/WallStreetbetsELITE 2d ago

Discussion POV: Buffett sitting on $334.2 BILLION in cash

—• “You can't argue with your grandfather.”

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u/MilkyWayObserver 2d ago

Buffett probably thinks this is still too expensive so he’ll grow his cash pile again

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u/FeatureAggravating75 2d ago

exactly right

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u/Icy_Ground1637 2d ago

Buffett old enough to remember Great Depression

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u/NoUsernameFound179 2d ago

That was like way back in 1930. 🤣... 🙂...🤨...

Holy shit. He was born in it, molded by it. He didn't see a decent economy until he was already a man.

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u/mortgagepants 2d ago

he didn't make the majority of his wealth until he was 56 i think...1986.

maybe some day i'll be like buffet because i'm coming up on my 4th recession lmao.

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u/Recent_Fisherman311 2d ago

Buffet was making money in the 1960s, just wasn’t a billionaire yet.

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u/ReadWriteRun 1d ago

they say the first billion is the hardest

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u/T1mely_P1neapple 1d ago

his dad was a 2 term senator. he was born with a silver fuckin spoon long before we even existed.

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u/ont-mortgage 1d ago

Bro - Warren is a legend.

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u/nugoffeekz 1d ago

He's also the most grounded billionaire of the lot. He invests in companies and actually helps them grow, helps his shareholders and supports the families behind the businesses he buys. All this while paying the most tax of any billionaire. Berkshire Hathaway accounted for 10% of the US corporate taxes last year because he doesn't use loopholes, he just pays what he owes.

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u/RockEyeOG 1d ago

The man saved Dairy Queen because he hated seeing such a historic company closing. Need we say more?

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u/0xFatWhiteMan 2d ago

he was a millionaire before then. Bought a gas station at 16 or something

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u/NerdHoovy 2d ago

Makes sense.

Over the previous decades he fostered his economic knowledge and position in the world of finances until he reached the perfect sweet spot, where he could take maximum advantage of the massive economic boost of the late 70s to 90s

A bit of a lucky “right place right time” combo, like all of the ultra rich.

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u/Barrybran 2d ago

As they say, luck is the crossroads of preparation and opportunity.

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u/mortgagepants 2d ago

yeah i mean its like a lot of stuff, right place at right time and right decisions.

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u/govunah 2d ago

Ashes to ashes. Dust bowl to dust bowl.

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u/LostInPlantation 2d ago

I'm gonna crash this economy... with NO SURVIVORS!

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u/FeeDisastrous3879 2d ago

You merely adopted the depression. I was born in it, molded by it. I didn't see the stonks until I was already a man, by then it was nothing to me but blinding!- Warren Buffett

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u/Peevish-Runt 2d ago

By then the green was nothing to him but BLINDING

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u/Rurumo666 2d ago

Buffett told Smoot and Hawley to kick rocks.

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u/rabidwolf86 2d ago

Pepper ridge farm remembers

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u/Legitimate-Pee-462 2d ago

Yeah, I don't see how anyone would view this as a temporary dip. The wings just broke off the plane, but it hasn't really even started falling yet. *Technically the wings fell off the day Trump was re-elected, but everyone just noticed.

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u/parasyte_steve 2d ago

I feel there's a long way to go to the bottom.

I can tell you my husband and I don't have one extra dollar in our budget for tariff bullshit so we are trying our best not to make any major purchases. Consumer spending can't increase much more. It's at a breaking point.

We want to sell our home and are preparing to stage it to put it on the market. Might be a bad time tho. If they cut rates though who knows. Some rich dude might scoop up our scraps. Best I can hope for rn.

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u/CaptStrangeling 2d ago

I’m hearing this across multiple subreddits, I’m pretty sure Dollar General announced spending had decreased. In a lot of rural places, people who were shopping there and stop aren’t spending money anywhere else because there’s no more money (and nowhere else to spend it).

Tariffs are going to increase prices of everything 15-25% and spending will grind to a halt, the economy will continue to spiral, those in charge are planning on this and hate the poor and working class and middle class and anyone except their extremely rich buddies.

Time to plant every inch, prepare to barter with neighbors, invest in shelf stable food staples, and prepare for the worst hard time… I really wish I didn’t believe this to be the case, but the clowns in charge have brought the circus 🤡 🎪

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u/ReadWriteRun 1d ago

Dollar General just announced they're renaming to Dollar Twenty General.

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u/CornPuddinPops 1d ago

Twenty-Dollar General. Fixed it for you.

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u/Fit-Hold-4403 2d ago

buffet started selling as soon as trump was elected , immediately

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u/JaxTaylor2 2d ago edited 1d ago

I can see a series of court challenges making their way to SCOTUS in short order, just simply by the range and scope that goes beyond what the legalese of the Economic Emergency Act of 1974 prescribes for.

I know people don’t understand what he was talking about when he was tweeting about tariffing fentanyl the other day, but if you read the actual Executive Order, that was what he used to justify the Emergency Act outlined by the law. Obviously if you can challenge the fact that he tariffed islands with no population, you can argue that the law does not give him purvey to extend his powers to such a broad swath. I almost guarantee it’ll be challenged and the markets will scream higher on just a hope of it. It won’t happen for a while (maybe 4-6 weeks), but it will happen; the wings haven’t quite fallen off just yet. lol

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u/gymtrovert1988 2d ago

Another 10-20% to go. Then Trump capitulates and ends his idiotic trade wars. Then we're "booming" and by the end of the year we're back to where Biden left off and the Trumptards call that Making America Great Again.

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u/Legitimate-Pee-462 2d ago

He'll need to be removed for a recovery to take place. He just tanked the entire economy by himself. As long as we have a complete idiot/person who is deliberately trying to tank the economy in a position to do it, how can anyone expect growth?

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u/Different_Golf5324 1d ago

I don’t think he’ll last the term. As soon as the country starts properly imploding economically, corporate America will have him moved on

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u/HowWierd 1d ago

Agreed, this is a paradigm shift happening. He can't just unwind this at this point. there will be long lasting consequences, unfortunately.

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u/Material_Ad_3009 2d ago

No Trump is much too Stubborn to admit he is wrong, he is not going to change course he is going to drive the car off the cliff all the while saying he is right and you will see in the long run

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u/urielriel 2d ago

Funny how that is And it’ll take even longer to get rid of this nonsense

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u/No-Comparison8472 2d ago

Honestly the Sp500 is still up +5% compared to last year. This is nothing.. A long way to go before buy the dip

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u/Ambitious_Big_1879 2d ago

Yup. This won’t be over for years

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u/plznodownvotes 2d ago

Still more room for the orange moron to do way more damage

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u/HoneyBadger552 2d ago

Europe will punish us very soon here

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u/3pinripper 2d ago

“cAnT wAiT fOr tHeM tO cOmE tO tHe tAbLe tO nEgOtIaTe!”

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u/Sad-Side-8704 2d ago

I know this is hilarious as if anyone wants to negotiate now. Nope reciprocal tariffs coming and they will find new trade partners. We are cooked

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u/Decent-Photograph391 2d ago

Like Bruce Willis said in the Fifth Element: “Anyone else wants to negotiate?”

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u/tommybombadil00 2d ago

There is going to be a massive amount of supply in the market for every other country. This moron killed the US economy in less than 100 days.

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u/Sad-Side-8704 2d ago

The best are the old slogans from his campaign Kamala prices up, Trump prices down. LMAO - literally everything is going to go up now.

My god maga are dumb

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u/[deleted] 1d ago

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u/Leelze 2d ago

I can't believe there are people in this country that think this is the best way to handle the deficit & debt. Measured, long-term bipartisan plans? Nah, curbstomp the economy so the billionaires can buy up stocks & real estate on the cheap, that'll fix everything.

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u/PlsNoNotThat 1d ago

China Korea and Japan working so closely together like they haven’t been at each others throats for the last 100+ years. (2000 years really).

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u/Iseenoghosts 2d ago

oh yeah, we're not done. We're down what 20%? ROOKIE numbers. We're barely off ath

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u/Wayncet 2d ago

Right the fall has just started

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u/manikwolf19 2d ago edited 2d ago

Bro's just eating his Dairy Queen with his cash pile what a boss

He owns dairy queen i always thought that was interesting

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u/Many_Present_9039 2d ago

I sold a lot in early to mid 2024 and put a lot in bonds. It was obvious this was gonna happen within the first six months of the new administration considering the last four years there was very little regulation from the SEC and all the overleveraged hedge funds and financial institutions.

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u/Dubsland12 2d ago

This is nowhere near the bottom

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u/who_am_i_to_say_so 2d ago

Agreed because when it gets bad, it gets really bad and scary. This is still just a scare.

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u/Procrastanaseum 2d ago

If this is what happens on real bad news, just wait for the catastrophic news

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u/dirtyrounder 2d ago

Dude didn't get all that cash by being impulsive.

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u/Direct_Class1281 1d ago

Yeah this isn't covid when things would logically return to baseline if company has enough cash to survive. This is a rugpull on the fundamental structure of the economy.

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u/Repulsive_Round_5401 2d ago

I don't think i have ever seen this before. Every single one of the 40+ stocks i own is in the red.

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u/Bartokomous19 2d ago

VIX is green!

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u/TX_Fan 2d ago

Damn VIX been green all year?!

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u/TheBarracksLawyer 2d ago

Those Roku TVs came in clutch this quarter

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u/caltheon 2d ago

It's the menthol that makes it green

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u/MrGulio 2d ago

INTC is green. Nana winning again.

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u/browsk 2d ago

Rheinmetal is my only savior

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u/toomuchmarcaroni 2d ago

I wish I had invested when Trump got elected — I knew they were European military, I knew Trump would be a threat to NATO, and didn’t make the connection to buy 

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u/samuelazers 2d ago

plus it sounds badass

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u/TeamRedundancyTeam 2d ago

Sounds like a company that develops the first mechs in a scifi world.

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u/FrantzFanon2024 2d ago

Did it in November. Listen to your brain when you have facts. Buy EU and Asian stocks while they are down just because everything is down.

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u/Initial_Cellist9240 1d ago

I was slow, I’m too damn level headed and always convince myself to “trust the system”

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u/Sad-Term-5455 2d ago

color-blindness would be a relief 😮‍💨

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u/Skeleton_Steven 2d ago

Gotta play some defense my guy!

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u/averagegambitenjoyer 2d ago

Last time I looked the carnival stock was up, clowns are doing well

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u/Joaaayknows 2d ago

Well you must not have been watching 3/9/20-3/16/20. But hey! Intel is green! Lmao

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u/ModifiedKitten 2d ago

Costco is green for me, everything else is red though. Even my ETFs that have historically stayed green after the Cheato's decisions.

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u/TeaDrinkerAddict 2d ago

Was gonna comment my GOAT Costco here too, AT&T is blue too for… some reason.

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u/Artistic-Banana734 2d ago

I put half my money in BRKB a long time ago. I missed some gains from pure SPY but if I figured anyone could navigate the investment world it’s this man.

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u/ExtraAd3975 2d ago

I am bloody lucky I switched 100% of my stock to BRKB about 4 weeks ago

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u/SouthIsland48 2d ago

Imagine buying BRKB when Buffet aint even buying back the stock lol

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u/ExtraAd3975 2d ago

Imagine being in the stock market lol

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u/Buzzdanume 2d ago

Pic related

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u/Alternative-Mix7288 1d ago

I've been in money market for the past month. I did forget to dump some NVIDIA until it went back down to 110, but my nest egg is on the sidelines for now.. some in Euros even. :D

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u/Darxe 2d ago

What gains did you miss? BRK has done better than SPY for many years

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u/UGetnMadIGetnRich 2d ago

In February I made the following changes:

1) My 401k all in emerging markets (30% china) fund from US growth fund.

2) Wife's 401k all in Total world excluding US from SP500 fund.

3) My IRA is now BRKB.

Her IRA is 100% APPL and getting hammered

HSA is in cash, commodities, REITs, and a bunch of random stuff and has been doing better than the broad market.

I made changes when I realized tariffs were going to be real and not being used in a responsible way or a way that has my best interest.

I have avoided losses this year and is looking like the best move I have made in my investing lifetime.

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u/Iseenoghosts 2d ago

good job

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u/_slofish 2d ago

Full ported my 401k into a money market earlier this year, mostly to ensure i could take a loan on it for a home purchase. Very nice seeing a small percent green instead of a huge percent red.

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u/h4yw00d 2d ago

In January I moved 100% of everything to VUSXX

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u/6cupsoftea 2d ago

I also went into ex-US (I chose SPWO which is a halal stock for reasons) but this has been trading with the overall market sentiment for now. I think I will keep DCAing....because it's still ex-US.

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u/UnluckyStartingStats 2d ago

Similar, went into money market mostly. 100% APPL is ballsy

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u/MKDuctape 2d ago

Wow dude ur a fuckin genius !RemindMe 6 months

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u/FeatureAggravating75 2d ago

I think so 👌

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u/Left_Requirement_675 2d ago

Assuming Peter Thiel doesn’t succeed in breaking up the US into many private states Buffett will buy back once the market falls further. 

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u/FeatureAggravating75 2d ago

Of course buy back. But the only problem is age. Hopefully he will see that day.

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u/Additional-Wing-5184 2d ago

Hopefully what? Poor guy, right???

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u/The-zKR0N0S 2d ago

It’s fascinating to watch a master of their craft in anything perform

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u/needaspguy 2d ago

yeah, but in which country?

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u/foxasintheanimal 2d ago

And yet, he continues to sit.

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u/Unhappy_Surround_982 2d ago

I think he thinks it's not the bottom yet. I agree. The targeted countries hasn't even responded yet... welcome to the Trumpcession.

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u/Low-Tax-8391 2d ago

Gotta wait for overseas markets to have a go on the free wheel spins of tariffs!

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u/Unhappy_Surround_982 2d ago

Response to "reciprocal" tariffs with your own tariffs. Get new tariffs in response. Respond back. Definition of trade war. Result - stagflation, high inflation, high interest rates, and negative growth.

The world truly is ruled by Donkeys.

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u/SeriesUsual 2d ago

I'm actually feeling really optimistic about Carney. The rest of his party are still kind of doorknobs, but he's intelligent, competent, and has unbeatable experience. Things are going to suck for Canada regardless, but if anyone is going to find a win for Canada out of the US's smoldering wreckage it's him. Getting off of America's teat will really benefit Canada in the long run, and we'll scoop up a good number of your doctors and researchers along the way.

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u/Bloodcloud079 2d ago

Except rest of the world can also respond by trading more with each other to soften the blow…

Murica wants to solo the whole world…

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u/Tuna-Fish2 2d ago

Yep. In a normal trade war, when an another country raises tariffs on you, the impact on your economy is softened by their demand being replaced by demand from other countries. Because Trump is doing the whole world at once, this applies to all the other countries, but not the USA. This is the world's first example of a completely asymmetrical trade war, where the country starting it is making sure it hurts them the most.

I have no idea what people are smoking up there at the white house, but I want some.

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u/JackSpyder 2d ago

None for russia Belarus and north Korea. Wonder if sanctions will lift soon...

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u/DisorderedArray 1d ago

Sanctions will lift soon (they already lifted them to allow the Russki trade minister to visit the US), and that probably also marks the start of the countdown to the US allying with Russia and invading Denmark.

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u/Low-Tax-8391 2d ago

But I thought we were winning?

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u/Salmol1na 2d ago

As long as my son doesn’t encounter a trans kid in JV golf this spring it’s 100% worth it /s

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u/pheonix198 2d ago

Ha… trumpcession.

The US is going all the way into a the Greatest, Bigliest, Most Beautiful Trumpression ever.

More depressed than Trump when Ivanka said no.

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u/Gingevere 2d ago
  • The targeted countries haven't responded yet
  • trump admin offocials are going on the news and saying "I know we hit you buuuut donthitback-donthitback-thinkaboutitfirst maybe we can make a deeeaaaal pleasedonthitback-pleasedonthitback"
  • The market is still holding out hope that trump will cave before the tariffs actually go into effect.

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u/rollerbase 2d ago

It’ll take at least six months to see real numbers on what the actual impact of this will be. Those sitting on piles of cash will indeed continue to sit a while unless the currency value starts to seriously take a dive…. Wait a minute.

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u/Carrera_996 2d ago

If Buffet starts buying lots of gold, Imma just head to the tropics and raise ducks.

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u/ahoypolloi_ 2d ago

Exactly. People acting like this is anywhere near the bottom are out of their minds

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u/FeatureAggravating75 2d ago

🤣 that’s true man

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u/deviltrombone 2d ago

Best argument there is for a wealth tax. Rich people get to hoard cash, wait for market crashes which they can influence by buying elections, and then get even richer without taking much risk at all.

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u/SuperFlyAlltheTime 2d ago

You'll get sent to a Venezuelan gulag if you say that publicly anymore

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u/scaniadiesel 2d ago

yeah because the rich convinced us plebs that if we work hard enough and give up Avocado toast we ll become rich just like them

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u/cgtdream 2d ago

We're all just temporarily embarrassed millionaires!

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u/conical_helmet 2d ago

Venezuela, the big bad enemy. What was their crime? Audacity to benefit from their own natural resources and not the United States of Exxon.

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u/OtherwiseAlbatross14 2d ago

This isn't his personal cash stash. It’s Berkshire Hathaway

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u/TheHobbyist_ 2d ago

Even if it was, the man has said the system is fucked. Can't blame him for being the GOAT. He didnt make the rules.

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u/psychohistorian8 2d ago

"don't hate the player, hate the game"

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u/leshake 2d ago

He literally argued for higher taxes. You really can't hate on him for being good at working the system as congress has built it.

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u/OtherwiseAlbatross14 2d ago

I don't have a problem with him at all. He invests in companies that have solid fundamentals that he thinks will make long term gains. If every investor was like him America would be much better off than it is when most only care about the next quarter.

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u/fatbunyip 2d ago

But a wealth tax will make jesus cry or something. Much better to tax the schlebs.

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u/ForbodingWinds 2d ago edited 2d ago

Been saying this for a while. When the market tanked hard during covid, the rich got obscenely richer by being able to buy up everything cheap. They probably realized then if they didn't already that it's better for the economy to absolutely take a shit then to thrive if you are super wealthy and can get the liquid capital up to buy up everything on firesale (it helps when you are already in the know with crooked insider politicians and get to sell early with no repercussions.) It's essentially the ultimate regressive powerplay. Absolutely deep dick the poors into the dirt and play a game of monopoly with the country.

I don't think it's much of a stretch to theorize this is all intentional. There is no way this administration truly believes that these tariffs are going to bring jobs back in any reasonable amount of time (and thats already assuming that those would be jobs wouldn't just get taken by robots or AI or is Making America Great in any other way (unless you are mega fucking rich).

Probably is going to go down in history as one of this biggest con jobs of the century.

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u/Perfect_Toe_6526 2d ago

Probably he is going to get back in

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u/OtherwiseAlbatross14 2d ago

Not even close. The markets aren't even below the point where he started cashing out to be ready to buy yet. We have a long way to drop before they start buying in again

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u/slinkyshotz 2d ago

S&P500 is currently at ...August 2024 levels

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u/OtherwiseAlbatross14 2d ago

Correct. They started their big sell off in mid 2023

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u/MaximDecimus 2d ago

Just wait until it rolls back to 2007 pre Obama levels

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u/kkt999 2d ago

Is this what it means when MAGA says the big red wave is coming? Now I see it.

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u/RevolutionarySite578 2d ago

All that winning going on

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u/ruisen2 2d ago

I remember only last year people were saying Buffett is too old and can't keep up with the modern stock market anymore.

Wonder where those people are now lol

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u/Night_Runner 2d ago

They said the exact same thing during the dot-com bubble, when he refused to invest in tech lol

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u/VariationConstant675 2d ago

I have to say, this time it was different...

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u/That_Apathetic_Man 2d ago

They said that last time.

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u/EffOffReddit 2d ago

Do you know how hard it is to rebuild trust after you stab someone in the back? Well America just stabbed almost everyone. Good luck with that

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u/ConfidenceCareful240 2d ago

Admin is only gonna be around for 4 years. Yeah this fucking sucks, America has damaged their world position probably permanently, and I disagree with all the admins decisions. But do you thin the world is really gonna turn away from a new admin wanting to repair things or open trade? you think this is the absolute end? How many AXIS members are part of the G7 now? the world always wants to forget and rebuild. nations mess up all the time, if the world didnt forget and forgive stupid leaders we would be no where. Money wins in the end.

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u/thats_so_over 2d ago

Why do you think there will be a different administration in the future?

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u/ConfidenceCareful240 2d ago

Yes. I think trump is gonna try some fucky shit, and I think that it will cause splinters and damage, but I don't think they will allow trump to run for a 3rd term

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u/butwhyokthen 2d ago

Just stop taxing those poor penguins

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u/Repulsive-Ad-8558 2d ago

I knew Trump hated Linux!

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u/Usernamecheckout101 2d ago

Mother fucker i am serving McDonald’s after today

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u/Kryptic4l 2d ago

He looks forward to your breakfast sandwich each day

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u/Priceplayer 2d ago

He called it again. Have this man ever failed?

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u/SouthIsland48 2d ago

Yes lol many of times

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u/nhansieu1 2d ago

But in the end, he's still winning. None of those mistakes matters.

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u/BadInfluenceGuy 2d ago

DIdn't the man cash out like a month before Trump became president. Buffet about to pull of a heist in the dip isn't he. He'd probably wait intill the world retaliates on tariffs.

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u/ASaneDude 2d ago

Buffett seems like the guy that goes into the bank lobby and withdrawals $3.92 every day for his hamburger and fries.

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u/btbtbtmakii 2d ago

he knew

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u/timid_scorpion 2d ago

He isn't the richest investor in the world without reason. Historically he has always identified when the economy is in trouble 1-2 years before it is apparent to everyone else. He has been consistently building his cash reserves and liquidating stock for the last 18 months.

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u/RustyOP 2d ago

This guy knows how to make money 💰 and man he was right all along about the coming crash couple months ago

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u/Aromatic_Brother 2d ago edited 2d ago

Buffett about to have a buffet

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u/Dazzling-Ratio-4659 2d ago

Buffett will buy the dip, and I'm not talking about McD's sweet and sour sauce

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u/berjaaan 2d ago

How does one store $334 Billion? My bank allows 5 mil on the same account. I cant grasp the logistics of having 334 Billion dollars.

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u/ExDiv2000 2d ago

„Cash“ means no stocks. If I got it right Most of this sum is in bonds…

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u/stueylikesit 2d ago edited 2d ago

He’ll invest in apple. Nike. Boa. J&J. Birkshire. And rake in cash somehow.

Edit. I remember when Buffy’s savings was 80 billion and that seemed insane. And when apple was sitting on 49 billion. I’m a clown lol

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u/Unclestanky 2d ago

Is cash the answer? Trumpty Dumpty seems intent on tanking the US dollar as well. Make it nice and cheap for his billionaire buddies to buy everything they don’t already own.

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u/fallser 2d ago

Warren is just going to buy every stock after a few more days like this

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u/skatchawan 2d ago

he's been around long enough to know when a fucking clown show is gonna shit the bed

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u/No_Heart_SoD 2d ago

"have you said thank you yet"

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u/mwalsh5757 2d ago

So much red. It’s like Christmas came for the leopards.

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u/xflashbackxbrd 2d ago

He's the GOAT, this is like Tom Brady coming back and getting a ring with the Bucs

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u/orangotai 2d ago

i didn't know he moved on to Coke Zero, explains how he's survived so long

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u/AlexCoventry 2d ago

I wouldn't be buying yet, if I were him. We've got further to fall, IMO.

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u/Particular-Line- 2d ago

Make Americans Broke Again

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u/OrganicBerries 2d ago

Buffet is HIM. Wish Trump had Buffet's personality and intellect, world would be better

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u/TungstenTripathi 2d ago

Be sus wen everyone is bussing
be bussing wen everyone is sus

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u/Veloziraptor8311 1d ago

Damn that dude really is a prophet.

Except in this situation, only morons couldn’t see this coming.

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u/lxmiaf 2d ago

In which app / website can I find that visualization?

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u/Repulsive_Buy_6895 2d ago

It's a heat map. Finviz has them, other places have them as well.

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u/ExtraAd3975 2d ago

Yep it’s the only place to have money either cash, BRK or gold perhaps

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u/MageAndWizard 2d ago

10K go plz. I'll trim his armour

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u/begui 2d ago

BRKB

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u/1984R 2d ago

Might be a dumdum question, but where do you get these stock status graphics that everyone is posting?

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u/moon_safari_ 2d ago

trickle down economics at its best.

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u/zen_dts 2d ago

80% of my portfolio consists of berkshire, groupon, equinor, exxon, iron mountain, iag, meta, ssr mining, youdao, sony, curi, crispr, apple and nvidia. I DCA but I do it more aggressively during drops like these (so not at a monthly set date). Not only am I still in green but its almost as if the shake didnt even happen for me. Nvidia bled the most but I sold most of my shares last year late november as Ive held for over 5 years and felt like it has run its course for now. I think energy sector is boring but good. 20% of my portfolio is in crypto (btc, xrp, sol and eth with 83k / 1,8 / 111 / and 1788 average purchase prices) I do hedge against them constantly the last 2 months and have been making some steady profits there too.

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u/preciouschild 2d ago

First image is like a TOOL video.

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u/LousyPicture 2d ago

And gamestop sitting on 6.

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u/Dull_Investigator806 2d ago

I’m guessing that isn’t avocado toast he’s eating.

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u/Decent_Cow 2d ago

Buy buy buy

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u/hinault81 2d ago

Haha, so good. Thanks for the laugh

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u/VinciDuda2012 2d ago

🤑🤑🤑📉📈🤑🤑🤑

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u/Socks797 2d ago

Me too…divided by 1 million

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u/GetRichQuickStocks 2d ago

He should go to the casino and put it all on red

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u/2big_2fail 2d ago

Money is a tool of civilization. Hoarding it is harmful to it and its individuals.

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u/The-Jake 2d ago

Is that the guy that said he was gonna give all his wealth to charity but then he said nevermind

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u/agnostic_science 2d ago

Too expensive. Wait until other countries pile on retaliation tariffs.

The mad king is not mature enough to let someone else get the last word. It will be tit for tat slow downhill burn into stagflation town or worse until congress pries him from the controls. That means 2026 house flip or his voters get burned so bad they massively turn on him. So... probably 2026, honestly.

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u/duckduck-a-go-go 2d ago

That's a lot of exploitation.

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u/Prestigious-Win9116 2d ago

Can we swap Elon for Warren?

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u/modern_Odysseus 2d ago

"Buffett is stocking piling cash. It probably doesn't mean anything."

A few years later:

"Oh...Buffett stockpiled cash. For a good reason. Crap."

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u/Exitium_Maximus 2d ago

I agree with Buffett, egg McMuffins are 🔥

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u/Own-Sand7220 2d ago

He always comes out on top somwhow

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u/KrakenClubOfficial 1d ago

At a certain point of wealth you just go back to eating McDonald's.

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u/josictrl 1d ago

This is going to be my desktop wallpaper from now on.

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u/Tight_Dingo7002 1d ago

Time to buy some Berk shares.

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u/whocares123213 1d ago

My fidelity advisor in 2021 - "you have a lot of money in tbills"