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Closest you'll get is an All You Can Eat BuffetOriginally posted by DimPrawn View PostWhen freedom comes along, don't PISH in the water supply..... -
Not quite the story though is it?Originally posted by DimPrawn View Post
It doesn't say he lost on his investments; it says his investments 'could' have dropped by 3bn. Now, what we don't know from that article, is if his investments are still in the black since he bought them, or if he is now in the red.
The article also notes that
a) the coronavirus is likely to be a short term blip for the holdings he has and/
b) Buffet invests in the long term and he's only started holding these assets since 2016.
He is therefore not likely to be selling at this low number, and, given his strategy, will probably buy even more of these shares so when they do rise again he will consolidate even more profits. I get that this may not seem logical to all people, and may be a bit confusing, but hey, that's life.
I therefore refer to my earlier points on a different thread; invest for the long term. Only invest what you can afford to lose. Don't be forced into selling when the markets are dropping because you suddenly need that cash.
Nothing to see here
I am what I drink, and I'm a bitter man
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is there an etf for airlines?
people will not stop travelling. after this virus malarky is over they will double triple in valueComment
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How Fear and Greed in the Crypto Market Can Lead To Incredible ProfitWarren Buffett: Be Fearful When Others Are Greedy
Left out the other part of the quote about being greedy when others are fearful"Is someone you don't like allowed to say something you don't like? If that is the case then we have free speech."- Elon MuskComment
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If they survive. Who will be the "HSBC" of the airline market?Originally posted by Andy2 View PostComment
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Air travel is a very difficult business though at the best of times. There is a lot of growing pressure from environmentalists so I'd be wary of it as an industry myself.Originally posted by Andy2 View PostOriginally posted by MaryPoppinsOriginally posted by vetranComment
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Former member of IPSE.
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Many a mickle makes a muckle.
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It could've been worse. He could've been spread betting on Ethereum.
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Originally posted by jamesbrown View PostIt could've been worse. He could've been spread betting on Ethereum.
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