Warren Buffett said that he has bought $600 million worth of...
Warren Buffett said that he has bought $600 million worth of $Apple (AAPL.US)$ shares on the dip in Q1. How does his purchase make you feel about owning Apple stock in your own portfolio?
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SpyderCall : last time buffet said he loaded up on billions of dollars in shares was during the crash of the pandemic. He bought these shares about half way down on the massive sell off of the pandemic. After he bought billions worth the market continues down another 20% to the bottom of the pandemic crash. When buffet buys it doesn't really mean much in the short term except somebody or group of people were willing to let go of billions of dollars worth of shares. Its hard to find sellers like that. And whales that sell that many shares arent going to sell at a loss. Basically this is the only time a buffet can buy that many shares. When the market is aggressively selling off and has more downside in the future. Thats when whales get rid of their shares for buffet to buy. Otherwise they would just hold there shares because the price is at the bottom.
come on people buffet isnt an investing god. He had a lot of people invest in him and he got lucky. Thats what he says himself. Dont look too much into Buffet headlines people. its a distraction from whats really going on. like the market CRASHING.
Giovanni Ayala : Very Good Decision Warren Buffet
Giovanni Ayala : Hit up some of the Vanguards Too
Shaaaw OP Giovanni Ayala :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Shaaaw OP Giovanni Ayala :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Shaaaw OP SpyderCall : well well
SpyderCall Shaaaw OP : Not looking good for buffet after this gap down in futures over the weekend. He did load up on CVX though. And oil seems to be holding up a little bit
SpyderCall Shaaaw OP : i told you guys. Apple still tanking after buffet buys billions worth of shares on a dip. It has dropped significantly more than when buffet bought in. I tried to warn you folks
i hope you didn't load up on apple because its going to tank more just like i said. And just like last time buffet made big buys on the dip last time during the market crash of the pandemic.
just follow the market trends and the macro economic environment and you will do fine. don't listen to hype or headlines trying to get you to buy something. The news releases these headlines when whales need buyers of what they need to sell. Just follow the trends folks. apples trend is down