Buffett holding a lot of dry powder these days

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oil&gas

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Apr 16, 2002
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Buffett has so much powder he can easily make decent profits
at low risk at a time when interest rate is running high.
 
glamphotographer

glamphotographer

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By the Title, at first, I thought Buffets were cheapening out on ingredients to increase profits.
 
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Paprika

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Warren Buffett is full of shit...he didn't even get rich from "picking stocks"...he got rich from owning entire companies. He started in insurance, so basically a crook.

Never learned investment advice from these rich assholes. If they had any trade secrets, they would never teach me or you.
 
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chodge

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Paprika said:
Warren Buffett is full of shit...he didn't even get rich from "picking stocks"...he got rich from owning entire companies. He started in insurance, so basically a crook.

Never learned investment advice from these rich assholes. If they had any trade secrets, they would never teach me or you.
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He has enough powder for his Nose He will probably buy occidental soon
 
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