Warren Buffett's Berkshire Hathaway slashed its Goldman Sachs stake by 84% last quarter

Discussion in 'Wall St. News' started by hyom, May 16, 2020.

  1. Well see what happened with the merger and if its any good maybe buffet doesnt like complicated big sized banks he doesn't understand
     
    #11     May 17, 2020
  2. xappppp

    xappppp

    The trouble is he is not the only few who have a lot of cash in hand like in 2008 and this time is also not a financial crisis. This round is about sustainable earnings and changes. I expect the more stock market bounces in short run, the harder the recession gonna hit us since there is essentially a lot of capitals in the market, but investor only urges to secure them in good companies instead of make some sacrifice to save and stabilize the economy, which in the end will still turn out to be short sighted. The recession will some, some investors money will be saved.
     
    #12     May 17, 2020