Warren Buffett Hunts From Home šŸ”

Table of Contents

Warren Buffett Hunts From Home

Warren Buffett is a very traditional investor. He likes a bell to ring when a customer walks through the door, and he likes to look you into the whites of your eyes as he shakes on a billion-dollar deal.

Neither of those things can happen during coronavirus, so the Oracle of Omaha is taking a blow to his net worth. Luckily, this is a market legend who has compounded value for longer than most of us have even lived, so when the Sage speaks, markets listen!

He’s kept quiet so far in the downturn, not giving any interviews or public statements. It’s hard to know what he’s up to. It could just be his reluctance to bother with modern technological wizardries like Zoom, it might that he’s busy snapping up bargains, or it might be that he doesn’t want to tell us what he really thinks of 2020… 2021, 2022, 2023…

In the Financial Crisis of 2008, Warren Buffett jumped on the phone to Fox Business. He said the Federal Reserve needed to drop interest rates, or the entire economy would collapse. Fed Chair Ben Bernanke did as he was told. This time, the stimulus is there, but thousands of businesses are still short on cash. Buffett’s probably the one with the missed calls.

His Superinvesting partner, Charlie Munger, has been more vocal. He told the Wall Street Journal that ā€œsome businesses that Berkshire was bag holding (okay, he didn’t say bag holding!), small ones, won’t reopen when this is over.ā€ It’s a cold dose of reality, and it might explain why there have been some Berkshire defectors recently.

The public has lost faith in Buffett to deploy over 100-billion-dollars of cash into a new generation of stock picks. There haven’t been any elephant acquisitions of late, nor share repurchases. It’s just been hoarding and talk of safety nets. That’s why if Warren Buffett has finally been hunting from home, Berkshire Hathaway could be cheap by any metric!

Share:
More Posts
Get your daily Invstr Crunch

Get the market news and updates you need, delivered to your inbox or available on our daily podcast.

Risk Disclosure:

Invstr is not a bank and banking services are provided by Vast Bank, N.A.

Brokerage and Banking services are currently only available to U.S. residents.

Invstr app and web services are provided by Invstr Ltd. Advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC) details of which can be obtained here. Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value.

Investing involves risk and can lead to losses. Past performance does not guarantee future results.

Invstr app and web services are provided by Invstr Ltd. Invstr+ advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC). Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value. Vast Bank N.A. a nationally chartered bank and member of the FDIC, provides the banking products, including the products and services related to digital asset accounts. As with any asset, the value of Digital assets can go up or down and there can be a substantial risk that you lose money buying or holding digital assets. You should carefully consider whether trading or holding Digital assets is suitable for you in light of your financial condition. Your digital account does not support wallet to wallet transferring of your digital assets (i.e. cryptocurrencies) outside the platform. Any Digital Assets in your digital asset account are not insured by any government entities, including but not limited to FDIC or SIPC. The Invstr VisaĀ® Debit Card is issued by Vast Bank, N.A. pursuant to a license from Visa U.S.A Inc and may be used everywhere Visa debit cards are accepted. Invstr Ltd, Invstr Financial LLC and Invstr Securities Ltd are subsidiaries of Marketspringpad Holdings (collectively “Invstr”) and Invstr is solely responsible for the application services and website content.

Watchlists provided when users first access the service are not a recommendation to invest. Instead they are provided to help users better navigate the service. Users are free to edit and create their own watchlists. From time to time, Invstr will suggest instruments solely based on an individual’s interest and the interest levels of the Invstr community. The statistical and portfolio builder models generated by Invstr do not reflect actual investment results and are not guarantees of future results. Comments provided by Invstr leaders, influencers or members of the Invstr Community are not recommendations and should not be construed as such. Invstr does not endorse the content or the positions posted by them. Their investment approach, and that of the models provided by Invstr, may be different from yours and may not be appropriate for you.