PomegranateIll7303 t1_jdg9aqh wrote on March 24, 2023 at 4:15 AM

Reply to comment by BeyondShroud in Bank stocks fell again, is this a good opportunity to buy at the bottom? by BeyondShroud

I didn’t know that, damn he’s good. He knows we need banks like we need Coke, guarantee he’ll be buying the dip.

BeyondShroud OP t1_jdg9ick wrote on March 24, 2023 at 4:17 AM

Buffett invests in the stock market as if from God's perspective. It's too easy for him to invest in the stock market

optionseller t1_jdgrn6q wrote on March 24, 2023 at 8:04 AM

BRK barely struggled to beat the SP500 in the past 15 years

https://preview.redd.it/j6059002ropa1.png?width=2436&format=png&auto=webp&v=enabled&s=7cd53d8d106ddcbd18eeb8c038a018488d0dee06

Impressmee t1_jdgscwq wrote on March 24, 2023 at 8:14 AM

And how did you fare?

Blueraver t1_jdhl6j0 wrote on March 24, 2023 at 1:31 PM

That's pretty good considering how risk averse Buffet is.

AmplitudeTrader t1_jdh8ioy wrote on March 24, 2023 at 11:42 AM

I am all in BAC with 40k. I think Buffet is buying the dip, I think the irregularities in the trading patterns are caused buy a whale like Buffet, based on his previous purchase prices, this is an attractive price, but he might want to be greedier since there is panic and let it drop. I see the main threats to this working out is 1: whatever came out of that meeting between Buffet and the Biden Administration, and 2: FedNow and Federal Credit unions taking over the banking industry, 3: mass adoption of crypto. Make your own decisions, but I am firm in my position.