If you have the time, watch the recent Berkshire Hathaway Shareholders meeting

May 26, 2020
12:55:53pm

Acorn All-American

on youtube. Warren gives a history lesson on the stock market and the crash. Soooo interesting (a little dry and slow, but worth it).

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Acorn

Bio page: Acorn
Joined: Nov 25, 2004
Last login: May 1, 2024
Total posts: 18,657 (2,182 FO)

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Messages

Author

Time

Pretty amazing that the stock market is higher today than it was

maizecoug

5/26/20 11:59am

Wow, I didn't realize that!

sortsol

5/26/20 12:02pm

The fear mongering was harmful. I hope everyone learned a lesson.

SandYFan

5/26/20 12:03pm

The stock market is not the economy. It is higher largely to 0% rates and "free

BYU-Ite

5/26/20 12:07pm

People here specifically fear mongered the stock market would take DECADES to

SandYFan

5/26/20 12:15pm

I did not read one person that said "decades." Show me that link and I'll eat

BYU-Ite

5/26/20 12:20pm

The market rallied after the 1929 crash

Acorn

5/26/20 12:26pm

But the market is forward looking. Like 2024 forward looking.

grosven

5/26/20 12:29pm

If you have the time, watch the recent Berkshire Hathaway Shareholders meeting

Acorn

5/26/20 12:55pm

He was so bearish. It was just so crazy to me.

grosven

5/26/20 1:35pm

Agree. I wouldn't buy his company stock. His record over the last decade

Acorn

5/26/20 1:51pm

The markets are forward looking; they sold off before economic activity totally

memento

5/26/20 12:10pm

Someone who comes on the board with an "I told you so" and a pronouncement

Acorn

5/26/20 12:48pm

The issue is, as was stated, the equity markets aren't the real economy

memento

5/26/20 12:54pm

I was agreeing with you. At least I thought I was.

Acorn

5/26/20 12:59pm

I know, I was providing an alternate view of how the market could keep current

memento

5/26/20 1:05pm

Nice to see the market evaluates based on fundamentals.

ReyOso

5/26/20 12:06pm

The fundamentals of printing revenue that's not revenue and forward P/Es of 2600

grosven

5/26/20 12:26pm

There are only a handful of people I trust when listening to their advice about

crack

5/26/20 12:40pm

But what did the market do in 829 AD?

kotacoug

5/26/20 1:53pm

The value of cut stone dropped by 32.76%

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