Warren Buffet Buying Shares Again

TRUSt_NO_1_2

Count_Dante wrote: »

"What a relief - Warren Buffett, the greatest investor of our time, has clearly signalled his backing for buying shares now.

It's what Warren doesn't tell you that he's doing that you should be backing up the truck for.

Caudle

TRUSt_NO_1 wrote: »

It's what Warren doesn't tell you that he's doing that you should be backing up the truck for.

Spot on there! :T

If a mega-league player like Buffet is buying shares it's time to take cover! His motives will be very different from making a short term buck.

He will be looking for future takeover opportunities (with himself doing the taking over). He won't mind at all if the shares fall further: it will give Mr B an opportunity to buy even more. When the time is right he will pounce on the companies concerned!

Thefunkygibbons

The bottom of the market must be soon, I am trying to find more cash to invest right now

Whilst maintaining a sensible rainy day fund

purch

his own 'personal' portfolio

His own personal portfolio is Invested with a 15-20 year timeframe.

And of course he is selling his US Bonds.....with the amount of new Bonds they will need to sell over the coming years the value of Bonds will 'tank'

It's far more significant that he is selling the Bonds, than it is he is buying the Equity.

Pssst

I dont think there will ever be a better time to buy shares. Of course you have to buy the right ones and thats the tricky bit.

baby_boomer

luvpump wrote: »

Or Perhaps on this occasion he is the Worlds greatest Pumper & Dumper ?!

It must be nice to be Warren.

Buy some shares.

Tell the world.

Sit back and count the profits .

To be fair to the guy, he did say that he couldn't understand derivatives and that they were weapons of financial destruction which he wouldn't touch with a barge pole.

cloud_dog

You need to bear in mind that he's not just bought shares in a company, he's been able to buy 'special' shares which entitle him to a 10% divi pa, which on its own is a nice guaranteed return, and the option of buying more at a set price (which I dont think is far off todays sp for the companies involved).

So ever so slightly different to buying ordinary shares but, good nonetheless.

cloud_dog

EDIT: The thing that really interested me a little while ago was WB and Bill Gates visiting and meeting with Canadas Oilsands companies, something he said he had no interest in a number of years ago.

wombat42_2

Most 78 year olds would have put their feet up by now.

sabretoothtigger

Somehow I doubt daytime tv is as appealing as briefing the world on how they should spend their money

Warren isnt calling a bottom to the market, he is just saying it makes more sense to buy now then it did when they were expensive and the point abouts bonds falling is right on

amistupid

“Buy when everyone else is selling and hold until everyone else is buying. That’s not just a catchy slogan. It’s the very essence of successful investing.” -Jean Paul Getty