Berkshire Hathaway cut banks position in Q4, right again?
Wow +, I guess Warren Buffett is not a legend for nothing ~
He'd already reduced banks position just before the crash & while others are still in shocked like this from the crash ~
He'd also cut his position in chip maker $Taiwan Semiconductor (TSM.US)$ & I'd mentioned before in the past that I think he'd made the correct move . Welp, let see if this time he will be correct again ~
In fact, I'm skeptical & confused about why the h3ll he would go & increased such a large position in chip makers company that time ...
How do u view the U.S banking sector currently?
I view it as bearish for the short-term & having bad risk management...(Failing banks 🏦 are asking for it )
They already knew the FED is going to continue increasing interest rate but they still stick to their origin same old plans ... The FED had given multiples warning already . They've no one to blame but themselves...+ In fact, I think that maybe the FED should give them some hard love ❤️ = no bail out +.
I'd commented before about a "super bad situation" in someone else post before this crisis happened. Don't want to mentioned it again since that time I'm not near 100% certain about it = only maybe 50/50 certained, not sure if Warren Buffett has the same thinking as me when he cut his position of banks in Q4 . He acted so fast +. However, now the "super bad situation" may be able to be avoided due the FED's action...
Dude , the FED may has just saved some of those failing banks' 🏦 @ss + customers' deposits , at the cost of me making a high profit loss 📉 (maybe ) + the de-appreciation of USD currency 📉 ...
This is likely what the FED saying to me :
Does the value investing mean locking up & not changing positions?
Of course..., NO !
If the economy situation has changed, u also need to adjust ur plans.
Are u holding onto a position that are current overvalued due to the change in the economy situation ?
Does ur buffer discounted rate of valuation still remains intact for the worth of time ⏲️ required to invest in ?
U might be better off in some other stocks position if u re-adjust ur portfolio +.
Being a valued investor, does NOT mean to be stupid/an idiot (excused me ) .
Peace
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Milk The Cow OP : , when banks are in troubles, crypto bulls come out to value themselves by comparing that it's a safer park haven for ur asset than banks & tried to bearish talk on banks+further devalue usd...
(The magic show has began)
Guess this is what they all call "when u are sick, I'll take ur life" ...
Milk The Cow OP : Even idiots can become rich from crypto (inflation likely to come back again ) because of those idiots banks without risk management & the FED has to save those idiots by making themself an idiot, which further make me a super idiot too because I DYODD & did my risk management... wait, maybe I'm one from the start +~
& hence apes is likely to win again...
Milk The Cow OP Milk The Cow OP : They even went to the extent of encouraging ppl to ape together by withdrawing all their from banks together to force triggered the FED which further value crypto currency ...
The rich are saved by the FED & become even richer in crypto...+
Milk The Cow OP Milk The Cow OP : Punishment for the managements in bank ?
I think some of them may even quit happily instantly since they may had already earned enough in crypto for life by now ... & most likely will say farewell, idiots... / maybe pushing blames onto the lower rank...
Milk The Cow OP Milk The Cow OP : , should has DCA (never learn my lesson ).
Why I time the market?
Because I thought that maybe I can beat the "god" & I wanna to be rich fast (that's the only reason) by taking on a high risk with a possible profit loss...
Giovanni Ayala :