This market is basically against his style.
He bought UNH, avoided AI, and lost.
He said, “I moved into cash,” and then the stock market went up.
He said gold and silver were useless, yet their prices are rising.
He invested in OXY and lost money.
He advised Bill Gates to sell Microsoft stock, and Bill lost quite a bit of money considering MSFT’s current price.
Most of the money he made came from buying Coca Cola when it was extremely cheap and never selling it.
Or from publicly saying he bought a stock, people pile in, and the price goes up.
Warren Buffett is overrated.
Newyorker·8mo
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