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There are a lot of words to describe Warren Buffet. Stupid i...

There are a lot of words to describe Warren Buffet. Stupid is definitely NOT one of them. Trust and believe that he has no doubt about the move he’s made. Watch and learn.
@Chak:If he would have not sold hundred million apple shares he would have made 300 billion today. One of Warren Buffett’s most questioned moves during the pandemic was selling his holdings in United Airlines. Just as the pandemic intensified, he sold off airline stocks, including United Airlines, at a loss, concerned about the industry’s uncertain future. Now, four years later, United Airlines’ stock has significantly recovered, even tripling in value.

Buffett often advocates a “buy and hold” strategy, emphasizing long-term investment in solid companies or indexes like the S&P 500. He frequently highlights that long-term, diversified investments can outperform most hedge funds, underscoring the importance of patience and resilience in investing. I find his decision to sell airlines and Apple based on short-term events nothing short of stupidity.
Berkshire Sold 25% of Its Apple Stock in the Third Quarter
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