$NVIDIA (NVDA.US)$ saw some articles recently referencing Se...
$NVIDIA (NVDA.US)$ saw some articles recently referencing September as the worst month from s&p since 2018 averaging like 1.6% in losses annually during the month. Warren Buffett is selling shares everywhere and gathering a rather large sum of free cash for Berkshire for the purpose of taking advantage of the annual drop in prices to secure more holdings during or after the sell off. you could amount a lot of the sell off during the month in securities to cover rising tuition and living expenses during college and university years. there is a large rise in these expenses every year and selling off to secure funds for keeping those fortunate enough to go to these establishments out of debt is only going to increase every September and rebound hard during the rest of the opportunities it can to recoup those losses from those just entering the market during it's recovery. there will always be those able to sell and purchase during these times. my suggestion would be to try to wait and time your investment to gain what the rich are gaining. don't get caught up in fomo and give your hard earned savings up and have to wait to recuperate all your initial investments. keep an eye and stay safe $Apple (AAPL.US)$ $Bank of America (BAC.US)$
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10baggerbamm : it's not why Buffett is selling quit spreading your fear mongering nonsense bullshit.
corbotron OP 10baggerbamm : I would assume gathering cash is not for holding onto in an investment firm
corbotron OP corbotron OP : unless you're going to wait to utilize it more efficiently? but speculation is speculation, these are my thoughts, when he confirms why he's piling money we will see what his next move is and when
etyn100 : different reason bac is only for short and mid term buy but he want to buy and forget about it aka long term and jp Morgan chase is a better buy