General Trading Chat

KAL.YUG

Well-Known Member
Warren Buffett is not a ordinary person (this everybody knows but still ... reminding here), anything he does or says is keenly followed by the investment/financial world.

His subsidiary companies are into insurance/assurance business +investments.
He has put this info in the company's annual letter (it is not some interview) informing his investors of consequences/risk if such an event occurs. It is his responsibility to inform so that investors can decide to continue or liquidate investment/s from the company.

He is about 80+ yrs old, he could have said this a decade or 4 decades ago.
(And don't forget he follows data, but is not a TA)
 

Contra

Well-Known Member
Buffet is rarely known to say things without intent or vision. To understand the context of what he's saying we may have to read between the lines and also understand that he's been a lifelong contrarian investor. He's made most of his money that way.

For all you know, he might be talking in metaphors about the collapse of the anglicized west and the (inevitable but surprisingly dominant) rise of the east. Because that was my first impression which later led to other things.

On an unrelated note, futurists might want to mark this date: 14 Jan 2021
 
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cloudTrader

Well-Known Member
Buffet is rarely known to say things without intent or vision. To understand the context of what he's saying we may have to read between the lines and also understand that he's been a lifelong contrarian investor. He's made most of his money that way.

For all you know, he might be talking in metaphors about the collapse of the anglicized west and the (inevitable but surprisingly dominant) rise of the east. Because that was my first impression which later led to other things.

On an unrelated note, futurists might want to mark this date: 14 Jan 2021
Interesting to read your perspective.

What actually is the significance of this date , curious to know . :)
 

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